Long Lake’s $6.3 Billion Acquisition of AmexGBT: A Contrarian Bet Amidst Widespread AI Disruption Concerns
Long Lake’s recent $6.3 billion acquisition of American Express Global Business Travel (AmexGBT) stands out as arguably the most contrarian investment in the travel sector currently, unfolding against a backdrop…
Expedia Group Nears $350 Million Acquisition of CarTrawler, Bolstering B2B Ground Transportation Portfolio
Irish B2B ground-transportation platform CarTrawler has updated its legal documentation for shareholders as part of a potential $350 million (300 million euros) acquisition by Expedia Group, according to a source…
Allegiant Completes Acquisition of Sun Country Airlines Creating the Leading Leisure-Focused US Airline
The landscape of the United States aviation industry underwent a significant transformation this week as Allegiant Travel Company announced the formal closing of its acquisition of Sun Country Airlines. This…
Lufthansa Group Solidifies Dominance in European Aviation with Majority Stake Acquisition in ITA Airways, Paving Way for Full Integration by 2028
The Lufthansa Group has confirmed its definitive move to acquire majority control of ITA Airways, Italy’s national flag carrier, signaling a pivotal shift in the European aviation landscape. The German…
OpenAI Launches $4 Billion Enterprise AI Deployment Arm with Tomoro Acquisition, Targeting Critical Adoption Gap
OpenAI, the vanguard of generative artificial intelligence, has significantly broadened its strategic purview by launching a new enterprise division, the OpenAI Deployment Company, an initiative reportedly valued at $4 billion.…
Expedia Eyes CarTrawler in Potential B2B Ground Transport Expansion Amidst Renewed Acquisition Strategy
Expedia Group, one of the world’s leading online travel agencies, appears to be signaling a significant strategic pivot, potentially reviving the aggressive acquisition posture it last exhibited in 2015 with…
The $6.3 Billion Take-Private Acquisition of Amex GBT Marks the End of a Tumultuous Decade-Long Ownership Saga
The corporate travel industry witnessed its largest transaction in years with the announcement on Monday of Long Lake Management’s $6.3 billion take-private acquisition of American Express Global Business Travel (Amex…
H World International Achieves Landmark Profitability in 2025, Signaling Strategic Turnaround Five Years Post-Acquisition by Chinese Parent
H World International has announced a significant return to profitability for the first time since its acquisition in 2019 by its Chinese parent company, H World Group, a deal valued…
President Trump Proposes U.S. Acquisition of Embattled Spirit Airlines Amid Bailout Talks
President Donald Trump stated on Thursday his interest in the U.S. government purchasing Spirit Airlines, an ultra-low-cost carrier currently embroiled in negotiations with the White House to secure a bailout…
















