Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 215

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 215
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 a divestiture may negatively affect the valuation of the affected business or business operations or result in restructuring charges.

For example, we have entered into a definitive agreement regarding the Hospitality Solutions Sale.  See “Recent Developments Affecting our Results of Operations— Agreement to Sell Hospitality Solutions Business.”  The Hospitality Solutions Sale is expected to close by the end of the third quarter of 2025, subject to customary closing conditions and regulatory approvals. We may not be able to achieve the full strategic, financial, operational, and other benefits that are expected to result from the Hospitality Solutions Sale, including any expected optimization of our core business, long-term growth, improvements in our capital structure, future debt refinancings, and other business opportunities that may be facilitated by the Hospitality Solutions Sale. In addition, these benefits may be delayed or less significant than anticipated. We cannot predict with certainty when the benefits expected from the Hospitality Solutions Sale will occur or the extent to which they will be achieved, or when they will be achieved, if at all. A failure to realize these and other anticipated benefits of the Hospitality Solutions Sale or effectively utilize the proceeds from the Hospitality Solutions Sale could have an adverse impact our business, financial condition and results of operations.

As noted above, the Hospitality Solutions Sale is subject to customary closing conditions and regulatory approvals. If any condition to the closing of the Hospitality Solutions Sale is not satisfied or, if permissible, waived, or if we fail to obtain any necessary regulatory approval, the Hospitality Solutions Sale may not be completed. In addition, satisfying the closing conditions to the Hospitality Solutions Sale may occur on a longer or shorter timeframe than we expect. All of the conditions to closing may not be satisfied or waived, and we may not successfully obtain requisite regulatory approvals. Further, other events may intervene to delay or result in a failure to consummate the Hospitality Solutions Sale.

If the Hospitality Solutions Sale is not completed for any reason, investor confidence could decline, and we would fail to receive the benefits of the transaction. In addition, we have expended, and continue to expend, significant resources in an effort to complete the Hospitality Solutions Sale. Management’s attention may be diverted away from the day-to-day operations of our business and execution of our existing business plan in an effort to complete the Hospitality Solutions Sale, which could disrupt operations and have an adverse effect on our operating results and business.

In connection with the Hospitality Solutions Sale, we and the Buyer will enter into certain agreements, including a transition services agreement, providing for the performance