Express is to acquire Rosenbluth International to create the world’s largest
corporate travel management company.
deal – the value of which has not been disclosed – is subject to regulatory
approval but is expected to go through within a couple of months.
approved the Rosenbluth name – a long-established family-run business from
Philadelphia – will disappear.
manages corporate travel in 15 countries and posted global business travel
volume of over $3 billion in 2002.
Last year Amex booked global travel volume of $15.5
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