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19 June 2009

NBTA's Board Votes To Pursue ACTE Merger | btnonline.com

NBTA's Board Votes To Pursue ACTE Merger | btnonline.com

The National Business Travel Association's board of directors today voted unanimously to continue pursuing discussions on a possible merger with the Association of Corporate Travel Executives. A merger agreement, reached by a handful of members of each association's board of directors, was derailed last week after members of the ACTE board determined they would not have the two-thirds majority required for the association to approve such a move (BTNonline, June 9). NBTA today said its own vote on the matter took place during the board's regularly scheduled quarterly meeting, where the board "supported the outline of a potential structure for a merger process previously drafted by members of the ACTE Board."

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corporate travel executives, business travel association, national business travel, merger agreement, s board, acte, handful, board of directors, two thirds, vote

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