American Express Company To Acquire Revolution Money
November 18, 2009 |
| American Express Company announced that it has agreed to acquire Revolution Money, a Revolution LLC company. The transaction is expected to close in the first quarter of 2010. The purchase price is expected to be approximately $300 million. Upon closing, Revolution Money would operate as a subsidiary of American Express and be the first component of its recently formed Enterprise Growth organization. |
American Express Company's President Alfred F. Kelly Jr. To Leave Early Next Year.
October 5, 2009 |
| American Express Company announced that President Alfred F. Kelly Jr. has decided to leave the Company early next year. |
American Express Company And ALTOUR Announce Agreement To Sell 12 American Express Travel Service Offices To ALTOUR
September 30, 2009 |
| American Express Company and ALTOUR announced that American Express has agreed to sell 12 travel service offices to ALTOUR, with the travel offices to remain a part of the American Express Retail Network through the ALTOUR relationship. The parties expect the transaction will close by the end of the year, subject to standard closing conditions. |
American Express Company's American Express Credit Corporation Plans Five Year Sterling Benchmark Bond-DJ
September 24, 2009 |
| Dow Jones reported that American Express Credit Corporation, part of American Express Company is planning to issue a five-year, sterling-denominated, senior unsecured bond. Deutsche Bank AG, JP Morgan Chase & Co., Lloyds TSB Group PLC and Royal Bank of Scotland PLC have been hired as joint-lead managers. |
American Express Company's American Express Credit Corp. Prices GBP750 Million 2014 Bond At 99.99-DJ
September 24, 2009 |
| Dow Jones reported that American Express Credit Corp., part of American Express Company has priced a GBP750 million, senior unsecured, 2014 dated bond through joint lead managers Deutsche Bank AG, JP Morgan Chase & Co., Lloyds Banking Group PLC and Royal Bank of Scotland PLC. This bond will mature on October 1, 2014 and the payment date will be October 1, 2009. |
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