These statements constitute projections, forecasts and forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This includes, without limitation, statements regarding our financial position, weighting on indices and barriers to holding our Class A common stock. This press release contains statements that are forward-looking and as such are not historical facts. Follow on Twitter, LinkedIn and Instagram.Ĭautionary Note Regarding Forward-Looking Statements Visit for more information about Amex GBT. With travel professionals in more than 140 countries, our customers and travelers enjoy the powerful backing of American Express Global Business Travel. We have built the most valuable marketplace in B2B travel to deliver unrivalled choice, value and experiences. The Company anticipates that simplifying its organizational structure through the Corporate Simplification will improve market data integrity, increase the Company’s weighting on certain indices, eliminate barriers to increased holdings of the Company’s Class A common stock by certain investors, and reduce administrative and tax compliance costs.Ībout American Express Global Business TravelĪmerican Express Global Business Travel is the world’s leading B2B travel platform, providing software and services to manage travel, expenses, and meetings & events for companies of all sizes. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world’s leading B2B travel platform, today announced that the Company has entered into a series of transactions that simplify its organizational structure by eliminating the Company’s umbrella partnership-C corporation (“UP-C”) structure (the “Corporate Simplification”).Īs a result of the Corporate Simplification, all of the Company’s stockholders now hold the same class of common stock, Class A common stock. Elimination of UP-C Structure Anticipated to Improve Market Data Integrity, Increase Weighting on Indices, Eliminate Barriers to Increased Holdings and Reduce CostsĪmerican Express Global Business Travel, which is operated by Global Business Travel Group, Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |