AMEX, EGENCIA HAVE URGE TO MERGE

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American Express Global Business Travel (GBT) has made a binding offer to acquire Egencia, Expedia Group’s corporate travel arm. As part of the transaction, Expedia Group would become a shareholder in, and enter a long-term strategic commercial agreement with, GBT. The deal would bring Egencia, a leading digital travel management company, into the GBT family, which says it will “continue to invest…

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First published at TravelNewsHub.com – Global Travel News