Expedia Amends 13D for Global Business Travel Group Stake

TL;DR

**Expedia just updated its ownership filing for Global Business Travel Group, Inc., signaling continued involvement.**

AI Summary

Expedia Group, Inc. filed an Amendment No. 2 to its Schedule 13D on January 16, 2024, regarding its ownership in Global Business Travel Group, Inc. The filing indicates a change in the information previously disclosed, specifically updating the CUSIP number for Global Business Travel Group, Inc.'s Class A Common Stock to 37890B 100 and noting January 11, 2024, as the date of the event requiring this amendment. This matters to investors because it provides updated, accurate information about Expedia's significant stake in Global Business Travel Group, Inc., which could signal strategic alignment or potential future actions between the two companies.

Why It Matters

This filing updates public records regarding Expedia's ownership in Global Business Travel Group, Inc., ensuring transparency for investors tracking major shareholders and potential strategic moves.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing, primarily updating administrative details, and does not indicate a significant change in ownership or strategy that would introduce high risk.

Analyst Insight

An investor should note this filing as a routine update, confirming Expedia's continued, though not necessarily changed, interest in Global Business Travel Group, Inc. No immediate action is suggested by this specific amendment, but it reinforces the relationship between the two companies.

Key Players & Entities

• Expedia Group, Inc. (company) — filer of the SC 13D/A amendment
• Global Business Travel Group, Inc. (company) — issuer of the securities in question
• Michael Marron, Esq. (person) — Senior Vice President, Legal and Assistant Secretary for Expedia Group, Inc., authorized to receive notices
• January 11, 2024 (date) — date of the event requiring the filing
• January 16, 2024 (date) — date the SC 13D/A was filed
• 37890B 100 (other) — CUSIP Number for Global Business Travel Group, Inc.'s Class A Common Stock

FAQ

From the Filing

0001104659-24-004114.txt : 20240116 0001104659-24-004114.hdr.sgml : 20240116 20240116161508 ACCESSION NUMBER: 0001104659-24-004114 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240116 DATE AS OF CHANGE: 20240116 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Global Business Travel Group, Inc. CENTRAL INDEX KEY: 0001820872 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 980598290 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91729 FILM NUMBER: 24535316 BUSINESS ADDRESS: STREET 1: 666 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-329-7200 MAIL ADDRESS: STREET 1: 666 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: Apollo Strategic Growth Capital DATE OF NAME CHANGE: 20200812 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Expedia Group, Inc. CENTRAL INDEX KEY: 0001324424 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 202705720 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 BUSINESS PHONE: (206) 481-7200 MAIL ADDRESS: STREET 1: 1111 EXPEDIA GROUP WAY W. CITY: SEATTLE STATE: WA ZIP: 98119 FORMER COMPANY: FORMER CONFORMED NAME: Expedia, Inc. DATE OF NAME CHANGE: 20050420 SC 13D/A 1 tm243271d1_sc13d.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934* (Amendment No. 2) Global Business Travel Group, Inc. (Name of Issuer) Class A Common Stock, Par Value $0.0001 Per Share (Title of Class of Securities) 37890B 100 (CUSIP Number) Michael Marron, Esq. Senior Vice President, Legal and Assistant Secretary Expedia Group, Inc. 1111 Expedia Group Way W. Seattle, WA 98119 (206) 481-7200 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 11, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ¨ Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 37890B 100 (1) Name of Reporting Person Expedia Group, Inc. (2) Check the Appropriate Box if a Member of a Group (a) ¨ (b) x (3) SEC Use Only (4) Source of Funds OO (5) Check box if Disclosure of Legal Proceeding Is Required Pursuant to Items 2(d) or 2(e) ¨ (6) Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With (7) Sole Voting Power 74,849,607 (8) Shared Voting Power 0 (9) Sole Dispositive Power 74,849,607 (10) Shared Dispositive Power 0 (11) Aggregate Amount Beneficially Owned by Each Reporting Person 74,849,607 (12) Check box if the Aggregate Amount in Row (11) Excludes Certain Shares ¨ (13) Percen