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Amex GBT to Be Acquired by General Catalyst-Backed Long Lake for $6.3 Billion

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Amex GBT Acquired by Long Lake for $6.3B

by Robert Van Pash (Editor)
May 4, 2026
in Travel Trade
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Amex GBT to Be Acquired by General Catalyst-Backed Long Lake for $6.3 Billion

Photo Credit: Paul Abbott, CEO of American Express Global Business Travel speaking at the Global Business Travel Association’s inaugural Sustainability Summit, held in Brussels in November 2022. On Location Events / Kit Fanner

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Long Lake Management acquires American Express Global Business Travel for $6.3 billion, offering shareholders $9.50 per share, a 60.2% premium.

Reference:Source.

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