Justice Department Sues to Block Global Business Travel Group's Proposed Acquisition of CWT Holdings
January 11, 2025
January 11, 2025
WASHINGTON, Jan. 11 -- The U.S. Department of Justice issued the following news release on Jan. 10, 2025:
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$570M Acquisition Would Allow the World's Largest Travel Management Company to Eliminate its Second-Largest Rival, Limiting Travel Management Options for American Businesses
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The Justice Department filed a civil antitrust lawsuit today to stop Global Business Travel Group Inc. (Amex GBT), the largest business travel manageme . . .
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$570M Acquisition Would Allow the World's Largest Travel Management Company to Eliminate its Second-Largest Rival, Limiting Travel Management Options for American Businesses
* * *
The Justice Department filed a civil antitrust lawsuit today to stop Global Business Travel Group Inc. (Amex GBT), the largest business travel manageme . . .