{"filing":{"accession_number":"0001140361-26-037931","cik":"0001820872","ticker":"GBTG","company_name":"Global Business Travel Group, Inc.","form":"8-K","filing_date":"2026-09-29","report_date":"2026-09-29","primary_document":"ef20082602_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1820872/000114036126037931/ef20082602_8k.htm"},"events":[{"id":35634,"run_id":32831,"accession_number":"0001140361-26-037931","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.96,"summary":"Global Business Travel Group, Inc. completed a $6.3 billion all-cash acquisition by Long Lake Management at $9.50 per share (65.1% premium), with the company delisting from NYSE and transitioning to private ownership. The transaction was previously announced on May 4, 2026, and approved by stockholders on August 3, 2026. Concurrent with closing, the company entered into a $1.75 billion credit facility and terminated its prior credit agreement.","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29","form":"8-K","submitted_at":null,"items":[{"id":39757,"accession_number":"0001140361-26-037931","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 1.01 discloses the completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with the company transitioning from public (NYSE: GBTG) to private ownership. The filing also documents the concurrent entry into a $1.75 billion credit facility to finance the transaction. This represents a material change of control and completion of a major M\u0026A transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39758,"accession_number":"0001140361-26-037931","item_number":"1.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 1.02 discloses termination of the Amended and Restated Credit Agreement concurrent with closing of a merger. The supplemental exhibit confirms completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share (65.1% premium) and the company delisting from NYSE to operate as a private company. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39759,"accession_number":"0001140361-26-037931","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Item 2.01 discloses the completion of a $6.3 billion all-cash acquisition of Global Business Travel Group, Inc. by Long Lake Management. The filing details the merger consideration ($9.50 per share), treatment of equity awards, and the resulting delisting from NYSE and conversion to a private company. This is a material change of control transaction that fundamentally alters the registrant's status and ownership structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39760,"accession_number":"0001140361-26-037931","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates Item 1.01 by reference, and the supplemental exhibit discloses completion of a $6.3 billion all-cash acquisition of Global Business Travel Group by Long Lake Management. The transaction resulted in the company ceasing to trade and delisting from NYSE, transitioning to private ownership. This is a material change of control and acquisition completion, the core event type for ma_activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39761,"accession_number":"0001140361-26-037931","item_number":"3.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While Item 3.01 formally addresses delisting, the core material event disclosed is the completion of a $6.3 billion acquisition by Long Lake Management. The Item 3.01 text references incorporation of Item 2.01 (which covers M\u0026A activity), and the press release confirms the merger has been consummated with stockholders receiving $9.50 per share in cash. The delisting is a consequence of the acquisition's completion, not the primary event. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39762,"accession_number":"0001140361-26-037931","item_number":"3.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.03 incorporates by reference Items 2.01 and 3.01, which govern material acquisitions and delisting. The press release confirms completion of a $6.3 billion all-cash acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share (65.1% premium). The company has ceased trading and will delist from NYSE, transitioning to private ownership. This is a material change of control and acquisition event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39763,"accession_number":"0001140361-26-037931","item_number":"5.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"This Item 5.01 discloses the completion of a $6.3 billion acquisition of Global Business Travel Group, Inc. by Long Lake Management in an all-cash transaction. The filing explicitly states the acquisition was \"previously announced on May 4, 2026, and approved by Amex GBT stockholders at the Special Meeting of Stockholders held on August 3, 2026,\" and that \"Amex GBT common stock has ceased trading and will be delisted from the New York Stock Exchange (NYSE).\" This represents a material change of control and completion of a material acquisition, directly triggering Item 5.01 disclosure requirements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39764,"accession_number":"0001140361-26-037931","item_number":"5.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 5.02 disclosure incorporates by reference Item 2.01, which covers the completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management. The board resignations described in Item 5.02 are a direct consequence of the merger's consummation, making the acquisition the principal material event. The company will delist from NYSE and operate as a private company, representing a change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39765,"accession_number":"0001140361-26-037931","item_number":"5.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 5.03 discloses amendments to the certificate of incorporation and bylaws \"Pursuant to the Merger Agreement\" at the \"Effective Time\" of a merger. The supplemental exhibit confirms completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share in cash and the company delisting from NYSE to operate as a private company. This is a material change of control and acquisition completion, not merely a routine governance amendment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39766,"accession_number":"0001140361-26-037931","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management in an all-cash transaction. The press release explicitly states \"completion of its acquisition\" and notes that stockholders received $9.50 per share (a 65.1% premium), the company's stock has ceased trading, and it will delist from NYSE to operate as a private company. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39757,"accession_number":"0001140361-26-037931","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 1.01 discloses the completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with the company transitioning from public (NYSE: GBTG) to private ownership. The filing also documents the concurrent entry into a $1.75 billion credit facility to finance the transaction. This represents a material change of control and completion of a major M\u0026A transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39758,"accession_number":"0001140361-26-037931","item_number":"1.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 1.02 discloses termination of the Amended and Restated Credit Agreement concurrent with closing of a merger. The supplemental exhibit confirms completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share (65.1% premium) and the company delisting from NYSE to operate as a private company. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39759,"accession_number":"0001140361-26-037931","item_number":"2.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Item 2.01 discloses the completion of a $6.3 billion all-cash acquisition of Global Business Travel Group, Inc. by Long Lake Management. The filing details the merger consideration ($9.50 per share), treatment of equity awards, and the resulting delisting from NYSE and conversion to a private company. This is a material change of control transaction that fundamentally alters the registrant's status and ownership structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39760,"accession_number":"0001140361-26-037931","item_number":"2.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates Item 1.01 by reference, and the supplemental exhibit discloses completion of a $6.3 billion all-cash acquisition of Global Business Travel Group by Long Lake Management. The transaction resulted in the company ceasing to trade and delisting from NYSE, transitioning to private ownership. This is a material change of control and acquisition completion, the core event type for ma_activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39761,"accession_number":"0001140361-26-037931","item_number":"3.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"While Item 3.01 formally addresses delisting, the core material event disclosed is the completion of a $6.3 billion acquisition by Long Lake Management. The Item 3.01 text references incorporation of Item 2.01 (which covers M\u0026A activity), and the press release confirms the merger has been consummated with stockholders receiving $9.50 per share in cash. The delisting is a consequence of the acquisition's completion, not the primary event. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39762,"accession_number":"0001140361-26-037931","item_number":"3.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 3.03 incorporates by reference Items 2.01 and 3.01, which govern material acquisitions and delisting. The press release confirms completion of a $6.3 billion all-cash acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share (65.1% premium). The company has ceased trading and will delist from NYSE, transitioning to private ownership. This is a material change of control and acquisition event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39763,"accession_number":"0001140361-26-037931","item_number":"5.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"This Item 5.01 discloses the completion of a $6.3 billion acquisition of Global Business Travel Group, Inc. by Long Lake Management in an all-cash transaction. The filing explicitly states the acquisition was \"previously announced on May 4, 2026, and approved by Amex GBT stockholders at the Special Meeting of Stockholders held on August 3, 2026,\" and that \"Amex GBT common stock has ceased trading and will be delisted from the New York Stock Exchange (NYSE).\" This represents a material change of control and completion of a material acquisition, directly triggering Item 5.01 disclosure requirements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39764,"accession_number":"0001140361-26-037931","item_number":"5.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 5.02 disclosure incorporates by reference Item 2.01, which covers the completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management. The board resignations described in Item 5.02 are a direct consequence of the merger's consummation, making the acquisition the principal material event. The company will delist from NYSE and operate as a private company, representing a change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39765,"accession_number":"0001140361-26-037931","item_number":"5.03","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Item 5.03 discloses amendments to the certificate of incorporation and bylaws \"Pursuant to the Merger Agreement\" at the \"Effective Time\" of a merger. The supplemental exhibit confirms completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management, with stockholders receiving $9.50 per share in cash and the company delisting from NYSE to operate as a private company. This is a material change of control and acquisition completion, not merely a routine governance amendment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"},{"id":39766,"accession_number":"0001140361-26-037931","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses completion of a $6.3 billion acquisition of Global Business Travel Group by Long Lake Management in an all-cash transaction. The press release explicitly states \"completion of its acquisition\" and notes that stockholders received $9.50 per share (a 65.1% premium), the company's stock has ceased trading, and it will delist from NYSE to operate as a private company. This is a material change of control transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-29T12:47:00.490631+00:00","company_name":"Global Business Travel Group, Inc.","ticker":"GBTG","filing_date":"2026-09-29"}]}