Amex GBT agrees to $6.3 billion take-private deal with Long Lake
American Express Global Business Travel (GBT) has agreed to be acquired by private equity firm Long Lake Management in a $6.3 billion all-cash transaction, offering shareholders $9.50 per share—a significant premium over recent stock prices. The deal is expected to close in the second half of 2026 after regulatory approvals and will take GBT private for the first time.
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Topics: acquisition American Express Global Business Travel Long Lake Management take-private