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UK travel firm Thomas Cook collapses after failing to reach last-ditch rescue deal; over 1 lakh tourists stranded, 22,000 jobs cut
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UK travel firm Thomas Cook collapses after failing to reach last-ditch rescue deal; over 1 lakh tourists stranded, 22,000 jobs cut

Thomas Cook, the 178-year-old operator, had been desperately seeking 200 million pounds ($250 million, 227 million euros) from private investors to save it from collapse.