Long Lake completes $6.3bn acquisition of Amex GBT, aims to boost AI transformation
Based on · First reported
Sources
- Long Lake completed the purchase of American Express Global Business Travel for $6.3 billion, causing Amex GBT to be delisted from the New York Stock Exchange.
- The deal is intended to accelerate Amex GBT's transformation by applying artificial‑intelligence capabilities, a focus that aligns with Long Lake’s specialization in AI.
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