(Reuters) – Sabre Corp, a major travel booking wholesaler and the owner of Travelocity website, said it expects its initial public offering of 44.7 million common shares to be priced at between $18 and $20 per share.
Texas-based Sabre’s IPO is expected to raise as much $895 million at the top end of the price range.
Sabre is backed by private equity firms such as TPG and Silver Lake.
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