Skift Take
The deal would absorb one of the industry's older corporate travel companies.
Amex GBT plans to acquire CWT for about $570 million, a deal that would combine two of the industry’s largest corporate travel companies.
Travel Weekly ranked Amex GBT and CWT as No. 3 and No. 5, respectively, among the world's largest travel agencies in 2022 based on sales.
The deal would be funded by a combination of stock and cash and is expected to close in the secon