American Express to acquire regional player Travel One

Article Abstract:

American Express Co., a travel-service company, will acquire Mount Carmel, NJ-based Travel One Corp., the ninth-biggest travel management company in the US. Terms of the deal, including the purchase price were not revealed, but Travel One Chairman Jeff Harrow said his company will continue to operate under its own name. Harrow also expects that Travel One's 1,400 employees will be retained under the deal with American Express Co. American Express and Travel One expect to complete the deal in two months time.

Comment:

Will acquire Travel One Corp for an unrevealed amount

Asset sales & divestitures, New Jersey, Travel Agents, Travel Agencies, Transportation Services, Support Activities for Transportation, Transportation industry, American Express Co., Article, Travel One Corp.

Jones renews its bid for Maxwell

Article Abstract:

Jones Apparel Group Inc. has put efforts to acquire Maxwell Shoe Company directly to the shoe designer's shareholder and announced a hostile take-over bid worth about $297 million. The $297 million offer which the Maxwell shoe company's board voted down is now being made directly to the shareholders.

APPAREL AND OTHER TEXTILE PRODUCTS, Footwear, Except Rubber, Rubber and plastics footwear, Footwear industry, Clothing industry, Jones Apparel Group Inc., Maxwell Shoe Company Inc., MAXS

American, JetBlue vying for shuttle

Article Abstract:

American Airlines and JetBlue Airways have come out as contenders to buy the Boston-New York-Washington shuttle service from financially ailing US Airways. Delta Air Lines and AirTran Airways are also likely bidders for some of the US Airways assets.

Air Transportation, Scheduled, And Air Courier Services, Airlines, American Airlines Inc., JetBlue Airways Corp., US Airways Shuttle