Shareholders back UK tour operator's strategy

Worried shareholders supported fresh moves today by tour operator MyTravel to shore up its battered balance sheet.

Shareholders back UK tour operator's strategy
Mon, 17 Nov, 2003 - 14:10

Worried shareholders supported fresh moves today by tour operator MyTravel to shore up its battered balance sheet.

The sale of a string of businesses worth £147m (€210.7m) won unanimous approval, although investors at a special meeting in Manchester also took the opportunity to question management over the fragile state of the company.

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CourtsBusinessHeathrowPlace: UKPlace: ManchesterPlace: Doncaster, South YorkshirePlace: USPlace: ScandinaviaPlace: CanadaPerson: Peter HepworthPerson: Eric SandersonPerson: SandersonPerson: ChiefPerson: Peter McHughPerson: McHughOrganisation: MyTravelOrganisation: AirtoursOrganisation: AGMOrganisation: Auto EuropeOrganisation: World Choice Travel
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