Amex GBT and CWT merger can move forward after DOJ withdraws antitrust lawsuit

American Express Global Business Travel is set to acquire its rival CWT for $540 million following the US Department of Justice’s decision to remove antitrust obstacles against large travel management firms. The DOJ had contended that merging AMEX GBT and CWT—both of which are among the top three players in the business travel management sector—would […]