Long Lake Management to Acquire Global Business Travel Group for $6.3 Billion in Cash
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (GBTG), entered a merger agreement on May 4, 2026, to be acquired by Long Lake…
Written byAsif SuriaSource: InsideArbitrage
American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (GBTG), entered a merger agreement on May 4, 2026, to be acquired by Long Lake Management in a deal valued at $6.3 billion. Deal Structure: Amex GBT shareholders will receive $9.50 per share in cash, representing a premium of 60.2% from