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$9.50 per share in cash is the acquisition price Long Lake Management has agreed to pay for Global Business Travel Group, Inc. (NYSE: GBTG), a corporate travel and expense software company.
With shares closing at approximately $9.48 on September 3, 2026, the market is pricing roughly 2 cents of residual spread. Completion is expected in the second half of 2026, pending regulatory approvals.
Deal mechanics The agreement was struck on May 4. The shareholder meeting was scheduled for August 3; regulatory approvals remain outstanding before the transaction closes.
Market capitalization stood at approximately $4.96 billion as of the September 3 close.
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