Sabre preps for massive acquisition with $530M note offerNewsBy Sean O'Neil | April 1, 2015Share This article was originally published on Sabre Holdings is poised to make its largest acquisition since its ill-fated billion-dollar purchase of LastMinute.com in 2005. The target this year is most likely Abacus, the Asian-Pacific technology company it has a minority share in. Signs point to Sabre picking up the remaining 65% of shares Abacus owned by a consortium of airlines. Late Wednesday Sabre, the Dallas technology company, disclosed its proposed offering of $530 million of senior secured notes in the private placement market.Its move coincides with its recent reaffirmation of a “proposed acquisition”. Last week it said it expected to announce a deal within the next three months. The offering of notes is expected to close on April 14. The acquisition target described in official documents would be a company based outside of the US and would be a match for its Travel Network division, where its global distribution system (GDS) is housed. Abacus is also a GDS.As Tnooz reported earlier, Sabre said the acquisition would contribute some $250 million in revenue.Sabre's last large purchase was Prism, a customer management system provider.January 2014: Sabre is ready to spend $500M, and Abacus is a likely targetOctober 2014: Abacus bombards market with new products driven by SabreNB: Abacus image by pschadler/Flickr via Creative Commons