They've had some wins, for sure, but does Amex GBT overstate competition from the likes of Navan, Spotnana, and Kayak for Business? Amex GBT criticizes the DOJ lawsuit blocking its merger with CWT ...
In its response filed on Tuesday to the DOJ's complaint filed last week, Amex GBT characterized the DOJ's findings "a rushed, apparently politically motivated complaint" given the acquisition was ...
Amex GBT characterized the Justice Department's lawsuit to block its proposed merger with CWT "a blatant politicized effort" that failed to recognize the robust and evolved nature of the ...
Skadden, Arps, Slate, Meagher & Flom and Steptoe represent travel management company Amex GBT. The U.S. Department of Justice filed a complaint seeking to block Amex GBT from acquiring rival ...
Dead in the water? Not exactly, but the pending Amex GBT merger with CWT faces an uphill battle. The DOJ filed a lawsuit to block Amex GBT's $570 million acquisition of CWT, citing concerns over ...
The U.S. Justice Department has filed a civil antitrust lawsuit in the U.S. District Court for the Southern District of New York to block American Express Global Business Travel from completing its ...
The deal would mark Amex GBT’s fifth acquisition of a travel management company since 2018 and would substantially harm competition in the industry, the department stated. “This acquisition is ...
The DOJ's Antitrust Division on Jan. 10 filed a lawsuit to block American Express GBT's proposed acquisition of CWT. Photo Credit: Zhanna Hapanovich/Shutterstock The Department of Justice's ...
The DOJ's lawsuit contends that Amex GBT, CWT and their investors were aware that combining the TMCs would reduce competition. Photo Credit: Billion Photos/Shutterstock The Justice Department's ...