Global Business Travel Group Stockholders Approve Merger with Long Lake
Stockholders of Global Business Travel Group (GBTG) have approved the merger agreement with Long Lake, under which GBTG will become a wholly owned subsidiary of Gaia Purchaser. The approval was announced following preliminary voting results from a special virtual meeting held on August 3, 2026. The vote also included an advisory and non-binding proposal regarding compensation for named executive officers related to the merger transaction. A quorum was achieved with over 466 million shares represented out of approximately 522 million outstanding Class A common stock as of July 6, 2026. Final results are expected in a Form 8-K filing within four business days. The board had recommended approval for both the merger and compensation proposals. CEO Paul Abbott indicated this meeting may be GBTG's final shareholder gathering following its public listing in May 2022.
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