[UPDATE: Sabre on May 14, 2015, announced the acquisition of Abacus International.]

Sabre Corporation on Monday revealed in a financial filing that this quarter it may agree to an acquisition for its Travel Network GDS division. The acquired company would cost around $500 million, add about $250 million in revenue and improve earnings starting next year. Sabre declined to identify this firm, but it looks a lot like Abacus International.

Sabre already owns 35 percent of the Singapore-based regional global distribution . . .

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Jay Campbell

Before starting The Company Dime with David Jonas in 2014, journalist Jay Campbell a decade earlier created travel business newsletter The Beat. In 2006, Jay co-founded Travel Procurement magazine and in 2010 helped integrate them with Business Travel News. He served as BTN's editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University. He would be happy to connect on LinkedIn. He's here at CorporateTravel.social on Mastodon.