BUSINESSMay 4 · 11:00 UTCBLOOMBERGLiana Baker, Ryan Gould, Dinesh Nair

Amex GBT Said to Near Sale to General Catalyst-, Alpha Wave-Backed Long Lake

Amex GBT is nearing a sale to General Catalyst and Alpha Wave-backed Long Lake, competing in the business-travel market. The market is lucrative but fragmented. Amex GBT's potential sale could impact its position in the industry.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

Amex GBTorganizationGeneral CatalystorganizationAlpha WaveorganizationLong Lakeplace

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