American Express Global Business Travel bought by Long Lake Management and delisted
Based on · First reported
Sources
- American Express Global Business Travel has been acquired by Long Lake Management and has left the stock exchange following the deal.
- The $9.50‑per‑share cash purchase, financed by Long Lake investors, Koch Equity Development and debt, is expected to speed AI integration into the business, while a restructuring plan in Spain will see 116 employees depart.
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