The Travel Trust Association is seeking persuade Worldchoice UK shareholders to sell their shares.
It comes as Worldchoice seeks a merger with Triton partner Global Travel Group.
The TTA is offering £2 per share plus £1 based on criteria and conditions yet to be determined.
Letters have gone out to a number of the holders Worldchoice UK shares with a deadline of January 18 to respond.
The offer is designed to target Worldchoice agent members who are small shareholders in the consortium.
The letter says: “By issuing this document, TTA is inviting each company sahreholder to express an ‘in principle’ interest in receiving from TTA an offer to acquire his/her company shares.”
The letter says anu offer would be condition on a number of issues, including securing third party finance to fund or part fund the acquisition.
by Phil Davies
