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​Australia’s Corporate Travel Management to acquire US-based Montrose Travel

( December 18, 2015, 05:07 GMT | Official Statement) -- MLex Summary: Australian travel service Corporate Travel Management is expanding its US footprint with the acquisition of California-based Montrose Travel for A$47.6 million ($34.32 million). The purchase is expected to make CTM one of the 12 largest travel companies in the US just three years after entering the market.  The company's statement follows:...

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