On March 29, 2007 Shareholders of Sabre Holdings Corporation (TSG) voted concerning the merger with Sovereign Holdings, Inc., which is owned by investment funds affiliated with the private equity investment firms Texas Pacific Group and Silver Lake Partners. The merger was approved and subsequently consummated on March 30, 2007. As a result, each existing TSG Common Share will be converted into the right to receive $32.75 net cash per share on the ex-distribution date of April 2, 2007.