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 ...

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 ...

GBT Technologies Inc. develops Internet of Things (IoT) and artificial intelligence (AI) enabled networking and tracking technologies. The company’s technologies include wireless mesh network ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The DOJ's lawsuit contends that Amex GBT, CWT and their investors were aware ... enforcers say their work inside the courtroom laid a foundation with sticking power for wielding century-old ...

The suit alleges the transaction—which would be the fifth in a string of Amex GBT acquisitions since 2018, including those for Neo, Egencia and Ovation Travel—would harm competition for corporate ...

Amex GBT (NYSE:GBTG) agreed to purchase CWT Holdings in a transaction valued at $570 million in March. The DOJ, Amex-GBT and American Express declined to comment to Bloomberg, while CWT didn’t ...

Originally hailing from Troy, Ohio, Ry Crist is a writer, a text-based adventure connoisseur, a lover of terrible movies and an enthusiastic yet mediocre cook. A CNET editor from 2013 to 2024, Ry ...

The 70-pages-long response was submitted on 27 November following publication of the Competition and Markets Authority’s phase 2 report on 7 November as part of its ongoing investigation into Amex GBT ...

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