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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: August 20, 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
In its Quarterly Report on Form 10-Q, under Part II, Item 1,
Legal Proceedings, The SABRE Group Holdings, Inc. (the "Company")
reported that an appeal was pending before the Supreme Court of
Canada from a 1993 judgment awarding the Company CAD $10,160,000
in damages relating to the Company's purchase of Ticketnet
Corporation, and that with interest and costs the judgment was
approximately CAD $26,000,000.
On August 20, 1998, the Supreme Court of Canada dismissed the
application for leave to appeal, causing the judgment in favor of
the Company to become final. The Company now anticipates
recognizing in the third quarter of 1998 amounts related to the
judgment of approximately CAD $22,000,000 to CAD $27,000,000, depending
on, among other factors, the Company's ability to recover costs and
attorneys fees.
Forward Looking Statements
Statements in this report regarding the Company's anticipated recognition
of amounts related to the Ticketnet judgment are forward looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended. All forward looking statements in this report are based upon
information available to the Company on the date of this report. The
Company undertakes no obligation to publicly update or revise any forward
looking statements, whether as a result of new information, future events or
otherwise. Any forward looking statements involve risks and uncertainties
that could cause actual events or results to differ materially from the
events or results described in the forward looking statements. Risks
associated with the Ticketnet judgment include, but are not limited to,
risks related to the Company's ability to collect on the judgment, and
to recover costs and attorneys fees. Readers are cautioned not to place
undue reliance on these forward looking statements.
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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: August 24, 1998
