Skadden is advising American Express Global Business Travel (Amex GBT) on its definitive agreement to be acquired by Long Lake Management for $9.50 per share in an all-cash transaction valued at approximately $6.3 billion.
The transaction is expected to close in the second half of 2026, subject to the satisfaction of customary closing conditions.
Amex GBT is a software and services company for travel, expense, and meetings and events.
The Skadden team includes Thad Hartmann, Peter Serating, Max Troper and Michael Wiseman.