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AI News from ET - Long Lake to buy Amex GBT for $6.3 billion in AI travel bet

Vishwadeep Khatri
in AI News & Two Lenses

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Investment firm Long Lake will acquire American Express Global Business Travel for six point three billion dollars. This all-cash deal signals growing confidence in dealmaking. Long Lake is betting on artificial intelligence to transform the corporate travel industry. The acquisition is expected to conclude in the second half of twenty twenty six.

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