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Investor Update: Thomas Cook enters compulsory liquidation

Headlines from the Proactive UK newsroom.

Thomas Cook (LON:TCG) has entered compulsory liquidation sparking the largest repatriation of British holiday makers.  The tour operator collapsed when last ditch-talks over emergency funding failed.

MTI Wireless Edge (LON:MWE) has picked up a US$1mln order for a military customer in Europe. 

Virtual reality group VR Education (LON:VRE) slashed losses and boosted revenues by 66% in its latest half year. The group is on track to meet expectations for the full year with several new experiences to launch.

Marks & Spencer’s (LON:MKS) finance director Humphrey Singer is to leave the retailer. No date has been given for his departure but after 18 months in the job Singer said he feels it is the right time to move on.

Sports Direct (LON:SPD) confirmed it made a bid approach to Goals Soccer Centres (LON:GOAL) earlier this month at a price of 5p per share. Sports Direct is Goal Soccer’s largest shareholder with a near 19% stake.

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