Buying Abacus means the 'Asianisation of Sabre.'

Getting Abacus’ 11 shareholder airlines to agree to sell is one thing, getting agreement on the right deal that would please everyone is another. Under the agreement, Sabre Corporation will buy the remaining 65% stake in Abacus from its shareholder airlines for a net cash consideration of $411 million. It seems a natural evolution of the partnership – Sabre has had a 35% stake in Abacus for some time and a lot of its technology already powers the Asia/Pacific GDS – and it was really only a matter of time when it would leverage its position...

Rockfeld Group buys Canal Street building for north of $30M

  1. For more than two decades, Abacus had grown at a healthy rate; the year that Chi and Chen applied for their loan, it had six branches and some hundred and fifty employees, and originated about half a billion dollars in loans. . Buy the print ». Jill
  2. The Rockfeld Group is the latest landlord to put its money in Canal Street, as the Midtown-based firm inked a deal to buy the former headquarters of a Chinese community bank for more than $30 million. The building at the northeast corner of Mott Street
  3. Spears Abacus Advisors Llc is another bullish investment professional who is possessing 1.03 million shares of Trimble Navigation or 2.68% of their fund's portfolio. Also Get the latest Trimble Navigation (NASDAQ:TRMB) Stock Ratings at Octafinance.