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`Survival Of The Biggest' (Top Of The News, Sept. 26)

Posted on October 09, 1994

CORRECTIONS & CLARIFICATIONS

`Survival of the biggest' (Top of the News, Sept. 26)

"Survival of the biggest" (Top of the News, Sept. 26) should have described more precisely the deal between American Express Co. and Thomas Cook Group. AmEx bought Cook's corporate travel-management business, which constituted about 10% of Cook's revenues, and its U.S. licensee. Cook remains a provider of leisure travel services, foreign exchange, and travelers checks.

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