Deals
DOJ Poised to Sue to Block Sabre’s Deal for Farelogix
- Antitrust officials raise concerns over travel tech tie-up
- Sabre announced plans this week to close deal amid U.S. probe
This article is for subscribers only.
The U.S. Justice Department is preparing to sue to block travel technology company Sabre Corp.’s proposed acquisition of Farelogix Inc. over concerns the deal will harm competition, according to a person familiar with the matter.
The department’s antitrust division is set to file a lawsuit as soon as Monday, said the person. Sabre announced plans Wednesday to close the deal next week.