Maritz Sells Corporate Travel Unit

Maritz Travel Co., a unit of Maritz Inc., of St. Louis, announced today it has agreed to sell TQ3 Travel Solutions, its U.S. corporate travel subsidiary, to Minneapolis-based Carlson Wagonlit Travel.

During a press conference call on Thursday, Maritz, Inc. Chairman and CEO Steve Maritz said the sale is part of an ongoing restructuring program, which began with the company’s acquisition of McGettigan Partners in 2001. This latest transaction, Maritz said, will help Maritz Travel Co. st

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