| Ticker: TSG | 4200 American Boulevard | |
| Exchange: New York Stock Exchange | Fort Worth, Texas 76155 | |
| Industry: High-Tech | (817) 931-7300 |
| Type of Shares: | Class A Common Shares | Filing Date: | 8/8/96 | |
| U.S. Shares: | 16,160,000 | Offer Date: | 10/11/96 | |
| Non-U.S. Shares: | 4,040,000 | Filing Price: | - | |
| Primary Shares: | 20,200,000 | Offer Price: | $27.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.49 | |
| Offering Amount: | $550,000,000 | Selling: | $0.90 | |
| Expenses: | $1,350,000 | Reallowance: | $0.10 | |
| Shares Out After: | - | |||
| Spin out parent firm: | AMR Corporation | |||
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| J.P. Morgan Securities Inc. | Co-manager | (212) 648-9922 |
| Merrill Lynch & Co. | Co-manager | (212) 449-4600 |
| Salomon Brothers Inc. | Co-manager | (212) 783-2947 |
| Auditor: Ernst & Young | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $1,529.60 | $838.30 | $767.50 | Assets: | $855.80 |
| Net Income: | $225.90 | $119.10 | $127.10 | Liabilities: | $304.60 |
| EPS: | Equity: | $551.20 | |||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a world leader in the electronic distribution of travel through its proprietary travel reservation and information system, SABRE, and is the largest electronic distributor of travel in the United States. In addition, the company is a leading provider of solutions to the airline industry and fulfills substantially all of the data processing, network and distributed systems needs of American Airlines and AMR's other subsidiaries. The company believes that its competitive strengths give it a leadership position in its markets and a foundation from which to pursue further growth. During the last 20 years, the company has developed core competencies that include a comprehensive knowledge of the travel industry, the capability to perform high-volume, high reliability, real-time transactions processing and expertise in the application of operations research. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay debt to parent company AMR Corporation and for general corporate purposes. |
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