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Justice Department sues to block merger of airline IT firms

Justice Department sues to block merger of airline IT firms

5 years ago
Anonymous $ZuTig1gZkQ

https://apnews.com/0796c65c95e6463fa20b4dc87839ca6e

WASHINGTON (AP) — The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines.

In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with more modern technology.

Justice Department sues to block merger of airline IT firms

Aug 20, 2019, 10:22pm UTC
https://apnews.com/0796c65c95e6463fa20b4dc87839ca6e > WASHINGTON (AP) — The Justice Department is suing to block Sabre Corp. from buying Farelogix, a rival provider of technology services to airlines. > In a civil lawsuit filed Tuesday, the government says Sabre pursued the $360 million deal to eliminate a competitor that has disrupted the market with more modern technology.