Carlson Wagonlit buys rival: Navigant deal to boost business-travel share. From: Saint Paul Pioneer Press (St. Paul, MN) | Date: April 28, 2006 | COPYRIGHT 2006 Saint Paul Pioneer Press. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

Byline: Martin J. Moylan

Apr. 28--Carlson Wagonlit Travel is acquiring another business travel services provider, TQ3Navigant, in a $510 million deal. Minnetonka-based Carlson Wagonlit, a unit of Carlson Cos., said the transaction will double its share of the North American business travel management market to 8.9 percent. That would put it behind only American Express. Carlson Wagonlit said it would have an 8.8 percent share worldwide, second to American Express' 9.9 percent share. Carlson Wagonlit would not put a dollar value on the markets. But the company did say the ...

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