Carlson Companies` Statement Regarding Preussag Purchase Of Thomson Travel

16th May 2000

Carlson Companies on Monday released the following statement regarding a surprise announcement by Preussag, Carlson`s partner in Thomas Cook, that it intends to purchase Thomson Travel Group and sell its 50.1% share in Cook.

Carlson Chairman and CEO Marilyn Carlson Nelson, who also serves as Deputy Chair of Thomas Cook, reaffirmed her company`s support of Cook, saying:

“Carlson Companies continues to believe strongly in Thomas Cook`s management, staff, and strategic direction.”

“In the past year Thomas Cook has made significant advancements in both its travel and financial services businesses—investing in market-advantaging technology and rebranding its airline.”

“We consider Thomas Cook to be one of the most trusted brands in the world, and we will continue to support the Cook team and help it continue its excellent momentum.” 




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