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Travel associations open merger talks, again

Just two months after putting the brakes on a merger with the National Business Travel Association, the Association of Corporate Travel Executives has come back to the table with a new proposal. The new terms call for co-branding for the next two years before creating a new name for the organization and creating an interim board for same period, with five members each from both organizations. After that time, a new board will be elected with a guarantee for non-U.S. seats, a critical point for ACTE because 60 percent of its membership is based outside the U.S. The CEO of the combined organization would come from the NBTA CEO search already under way to replace Bill… Read More