American Express Expands Dining Business with $700 Million Acquisition of TheFork

Corroborated by 3 sources from 3 publishers

usbusiness1d ago

TL;DR

American pride has fallen off a cliff American Express issues €750 million fixed-to-floating notes due 2034 With a free cash flow yield of 6.16%, American Express Company (NYSE:AXP) is included among the 12 Stocks From Companies Generating High Cash Flow. On June 15, Reuters reported that American Express Company (NYSE:AXP) had agreed to acquire restaurant reservation platform TheFork from Tripadvisor. The all-cash transaction is valued at $700 million.

Sources