Tag Archives: Thomas Cook

500,000+ Brits Stranded In Tour Company Bankruptcy

CNN International reports: British tour operator Thomas Cook collapsed Sunday night, stranding hundreds of thousands of travelers and putting 21,000 jobs at risk. The 178-year-old company said in a statement that its board “concluded that it had no choice but to take steps to enter into compulsory liquidation with immediate effect” after talks on a financial rescue failed. All Thomas …

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