Proposed $570M Acquisition of CWT by Amex GBT Challenged by Department of Justice
The complaint alleges that the proposed $570 million transaction would harm competition for business travel management services for U.S. based global and multinational businesses. This would mark Amex GBT's fifth acquisition of another travel management company since 2018.
The complaint alleges that the proposed $570 million transaction would harm competition for business travel management services for U.S. based global and multinational businesses. This would mark Amex GBT's fifth acquisition of another travel management company since 2018.
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