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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
_____________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of earliest event
reported: April 15, 1998
THE SABRE GROUP HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-12175 75-2662240
(State of Incorporation) ( Commission File Number) (IRS Employer
Identification No.)
4255 Amon Carter Blvd. Fort Worth, Texas 76155
(Address of principal executive offices) (Zip Code)
(817) 931-7300
(Registrant's telephone number)
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Item 5. Other Events
The SABRE Group Holdings, Inc. (the "Company") is filing
herewith, as Exhibit 99.1, a press release issued by the Company
on April 15, 1998, which is incorporated herein by this
reference. The press release announces that Robert L. Crandall
plans to retire from his position as Chairman of the Board of the
Company after the Company's annual meeting on May 20, 1998. The
press release also anticipates that Donald J. Carty will be
elected to succeed Mr. Crandall at that time.
Item 7. Financial Statements and Exhibits
The following exhibit is included herein:
99.1 Press Release
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
THE SABRE GROUP HOLDINGS, INC.
/s/ Andrew B. Steinberg
Andrew B. Steinberg
Senior Vice President,
General Counsel
and Corporate Secretary
Dated: April 21, 1998
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EXHIBIT INDEX
Exhibit Description
99.1 Press Release
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Exhibit 99.1
CRANDALL ANNOUNCES RETIREMENT
EFFECTIVE MAY 20
FOR RELEASE: Wednesday, April 15, 1998
FORT WORTH, Texas - The SABRE Group announced today that its
Chairman, Robert L. Crandall, has decided to retire on May 20,
1998, following the company's annual meeting and that of AMR
Corp., which holds 82 percent of the equity of The SABRE Group.
Michael J. Durham, president and chief executive officer of The
SABRE Group, praised Crandall's vision in propelling The SABRE
Group from an internal division of American Airlines to an
innovative provider of travel distribution services and
information technology solutions to the travel and transportation
industry. "Throughout his career, Bob has understood the
potential of information systems to dramatically improve
productivity, customer satisfaction, and financial results,"
Durham said. "Although we will miss his leadership, he has
provided The SABRE Group with clear direction for future growth
and innovation."
It is anticipated that Donald J. Carty, who will become chairman
and chief executive officer of AMR Corp. on May 20, will be
elected chairman of The SABRE Group Holdings Inc., following the
annual meeting in May.
SABRE is a registered service mark, and the SABRE Group logo is a
service mark of an affiliate of The SABRE Group Inc. 1998 The
SABRE Group Inc. All rights reserved.
