Travel

M&A News: American Express’s Global Business Travel Acquires CWT –…

Posted by March 26, 2024

American Express’s (NYSE:AXP) Global Business Travel Group (NYSE:GBTG) announced the acquisition of CWT for $570 million on a cash-free, debt-free basis. Th

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Americans Are Actually Pretty Satisfied with Air Travel Right Now

Posted by March 25, 2024

If one only used social media as a metric, it would be easy to assume that most Americans are extremely dissatisfied with their flying experiences in recent yea

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Amex GBT buys rival CWT in $570m deal

Posted by March 25, 2024

American Express Global Business Travel is to acquire major rival CWT in a deal worth $570 million after the boards of both companies approved the transaction.

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