Sabre Corporation (Nasdaq: SABR) said it announced the public offering of 19,000,000 shares of common stock by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management company II, L.L.C. (the selling stockholders).
All of the shares are being sold on a pro rata basis by the selling stockholders in accordance with their current interests, and the Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the company.
Goldman, Sachs & Co. is acting as the sole underwriter for the offering.