Sabre Finally Submits IPO Registration Statement

Sabre Corporation filed an S-1 registration statement with the U.S. Securities and Exchange Commission for a long-awaited initial public offering. The company indicated that it could raise up to $100 million, though that figure is noted as an "estimate solely for the purpose of calculating the registration fee." Sabre has not yet determined how many shares it will sell, the per-share price range or the timing.