Amex GBT Agrees to Be Acquired by Long Lake Management for $9.50 Per Share (≈$6.3B)

"American Express Global Business Travel (Amex GBT) has agreed to be acquired by Long Lake Management for $9.50 per share in an all‑cash deal valued at about $6.3 billion, expected to close in the second half of 2026 subject to customary conditions. Skadden is advising Amex GBT; the deal team includes Thad Hartmann, Peter Serating, Max Troper and Michael Wiseman."

Skadden advised American Express Global Business Travel (Amex GBT) in connection with Amex GBT’s agreement to be acquired by Long Lake Management. The transaction is an all-cash acquisition by Long Lake for $9.50 per share, valued at approximately $6.3 billion, and is expected to close in the second half of 2026, subject to customary closing conditions. Amex GBT is a software and services company focused on travel, expense, and meetings and events. Skadden’s team on the matter included Thaddeus (Thad) Hartmann, Peter D. Serating, Max Troper and Michael A. Wiseman. (The press release does not specify their seniority or practice-area details.)

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Amex GBT Agrees to Be Acquired by Long Lake Management for $9.50 Per Share (≈$6.3B)

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Amex GBT Agrees to Be Acquired by Long Lake Management for $9.50 Per Share (≈$6.3B)

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