A German subsidiary of bankrupt Thomas Cook will be kept alive with a German loan

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A German subsidiary of bankrupt Thomas Cook will be kept alive with a German loan
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Thomas Cook, the world's oldest travel company, went bankrupt on Monday morning, stranding thousands of travelers around the world.

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Roughly 600,000 travelers are stranded around the world after British travel provider Thomas Cook declared bankruptcy.Roughly 600,000 travelers are stranded around the world after British travel provider Thomas Cook declared bankruptcy.The 178-year-old tour operator failed to secure a £200 million rescue on Sunday, leading it to suspend its flights and bookings.
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Thomas Cook Shuts Down, Stranding Hundreds of Thousands of TravelersThomas Cook Shuts Down, Stranding Hundreds of Thousands of TravelersBritish travel company Thomas Cook said it has entered into compulsory liquidation and that all bookings, including flights and holidays, had been canceled—a shutdown affecting more than 600,000 global vacationers.
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