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Thomas Cook Needs Additional Funds to Get Through the Winter

By Christopher Jasper, Bloomberg

Thomas Cook

The Thomas Cook Stratford City store. The company is in the process of reorganizing its business. Thomas Cook

Skift Take: The need for an additional $181 million implies that things have gotten worse for Thomas Cook since the news of Fosun’s rescue bid emerged last month. The situation needs to be resolved quickly.

— Patrick Whyte

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