Amex GBT Close to SPAC Deal to Go Public

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Skift Take

Well, this certainly is a bullish endorsement that corporate travel will return.

American Express GBT is close to announcing a merger with an Apollo Management-backed blank check company that would take the corporate travel giant public, according to a report.

The merger would be value Amex GBT at $5.8 billion, The Wall Street Journal reported.

This story is breaking. Please check back for updates.

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