In its response filed on Tuesday to the DOJ's complaint filed last week, Amex GBT characterised the DOJ's findings "a rushed, apparently politically motivated complaint" given the acquisition was ...

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 ...

American Express Global Business Travel on Tuesday filed an answer to a lawsuit the U.S. Department of Justice filed last week to block the travel management company's acquisition of CWT. The article ...

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 US Justice Department has filed a civil antitrust lawsuit in an effort to block the $570 million takeover of CWT by rival Global Business Travel Group (Amex GBT). The complaint, filed on Friday in ...

“If completed, this deal would extinguish fierce head-to-head competition between Amex GBT and CWT and risk higher prices, fewer choices, and less innovation, thereby threatening harm to scores of ...

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 ...

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 ...

The U.S. Department of Justice is preparing to file a lawsuit as soon as this week to block American Express Global Business Travel's planned acquisition of CWT, Bloomberg reported Wednesday. DOJ ...

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 ...