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Reading: American Express Global Business Travel Going Private in $6.3 Billion Deal
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american-express-global-business-travel-going-private-in-$6.3-billion-deal
American Express Global Business Travel Going Private in $6.3 Billion Deal

American Express Global Business Travel Going Private in $6.3 Billion Deal

Last updated: May 6, 2026 3:48 am
By
Dylan Morgan
1 Min Read
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American Express Global Business Travel Going Private in $6.3 Billion Deal

The American Express headquarters in New York, New York. John Moore/Getty Images

American Express Global Business Travel (Amex GBT) is being taken private after Long Lake Management agreed to acquire the company for around $6.3 billion, according to an announcement on March 4.

Amex GBT is managed by Global Business Travel Group (GBTG), whose stock jumped 57.5 percent, to $9.34, the same day as more than 81 million shares were traded.

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