Red Label Vacations Inc (BDA) RedTag.ca Has Agreed to Purchase Thomas Cook North America

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RedTag.ca is pleased to announce today that it has entered into an agreement with Thomas Cook Group PLC to purchase Thomas Cook Canada Inc and Thomas Cook USA Holdings, Inc (together "TCNA") from Thomas Cook Group PLC. TCNA

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Red Label Vacations Inc (DBA) Redtag.ca
has agreed to purchase Thomas Cook Canada Inc and Thomas Cook USA Holdings, Inc ( together "TCNA") from Thomas Cook Group PLC. TCNA operates a tour operator and distribution network in Canada. TCNA also owns ABC Corporate Services Inc and D-FW Travel Arrangements Inc in the United States.

Completion of the transaction is subject to a number of conditions, including clearance by the Competition Bureau of Canada. The transaction is expected to be completed by May 31, 2013.

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Robert Gennaro
Red Tag Vacations
905-283-6025
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