Sabre to challenge DOJ lawsuit seeking to block Farelogix acquisition
Sabre Corporation announced that it will challenge the lawsuit filed by the U.S. Department of Justice seeking to block the company's planned acquisition of Farelogix, Inc. Farelogix, a recognized innovator in the highly competitive airline technology space whose New Distribution Capability technology is used by a number of airlines around the world, will bring capabilities to Sabre that will accelerate the delivery of the industry's first end-to-end NDC-enabled solution for the retailing, distribution and fulfillment of travel, the company said. Sabre is confident of the pro-competitive nature of this transaction, that it will succeed in court, and that the transaction will ultimately be completed. Sabre contended that the DOJ's claims "lack a basis in reality and reflect a fundamental misunderstanding of the industry," adding that the department "claims that Sabre and Farelogix compete head to head for airline bookings in the United States, but that claim misstates Farelogix's role in the industry." Sabre and Farelogix have extended the termination date of their acquisition agreement to April 30, 2020, allowing time to resolve the challenge by the DOJ. Sabre will file its formal written response to the DOJ's complaint in court at the appropriate time.