NEW YORK (Standard & Poor's CreditWire) March 15, 2001-- Standard & Poor's today affirmed its ratings on Sabre Holdings Corp. (see list below). Sabre has announced an agreement with EDS Corp. for the latter to acquire Sabre's airline infrastructure outsourcing business and internal information technology infrastructure assets for $670 million. Sabre has also announced a 10-year service contractùvalued at $2.2 billionùfor EDS to manage Sabre's information technology systems. Also, both companies have agreed to jointly market information technology solutions and services to the travel and transportation industry. The divestitures improve Sabre's business risk profile by eliminating a lower-margin business in which it was a niche participant. Sabre's operations will now be comprised primarily of travel marketing and distribution, in which
