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Thomas Cook Rescue Under Threat From Hedge Fund Challenge

By Katie Linsell, Bloomberg

Andy Mitchell  / Flickr

A Thomas Cook A321 aircraft. The carrier is working on a rescue plan. Andy Mitchell / Flickr

Skift Take: Plenty of people thought Thomas Cook’s rescue was a formality after last month’s announcement of a “substantial agreement,” but these complex financial deals often hit stumbling blocks as this late intervention shows.

— Patrick Whyte

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From:: Skift

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