Long Lake to Acquire American Express Global Business Travel in $6.3 Billion Take-Private Deal Backed by General Catalyst and Alpha Wave

Long Lake to Acquire American Express Global Business Travel in $6.3 Billion Take-Private Deal Backed by General Catalyst and Alpha Wave

Transaction combines Long Lake’s applied AI capabilities with Amex GBT’s marketplace, customer relationships and technology solutions to make business travel faster, smarter and more seamless for every traveler Amex GBT shareholders to receive $9.50 per share in cash, representing 65.1% premium to the 30-day VWAP Major shareholders collectively representing 69% of GBT’s shares have entered […]