Articles tagged “mergers and acquisitions”

Another deadline extension and a reduced valuation. The Amex GBT–CWT merger is proceeding in slow motion because of regulatory scrutiny.

This is the next chapter for Reservations.com after a cancelled SPAC deal in 2022.

One reason Vacasa's board looks more favorably about the Casago bid is because of the leverage that Davidson Kempner wields over Vacasa as a debt holder. If Vacasa accepts the investment firm's bid and the deal gets dragged out, then Davidson Kempner would be in the driver's seat.

There’s been a fair amount of activity in the corporate travel and expense management world as companies look to capitalize on a largely untapped market. 

Mews is among a number of late-stage travel tech startups that have collectively raised billions of dollars in the past couple of years to modernize outdated software systems. 

Small deals are leading M&A activity in travel tech. But one area where larger deals are emerging is in travel payments.

Amazon’s customer payment system is the picture of modernity, simplicity, and convenience. The travel industry pales in comparison, but that’s changing. Flywire is among the fintech companies jumping at the opportunity.

This is the latest among a few major acquisitions around travel payments in the past couple of years.

Apart from the weakness of CWT, one of the most interesting things in the UK regulator's report is the rise of CTM and Navan. Even Spotnana and Kayak apparently had some substantial wins.

All of the sudden, the deal is showing some life. If the UK ultimately approves it next month, the acquisition would still have to get past a Department of Justice lawsuit seeking to kill it.