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Article: Brothers strike it rich as holiday firm is sold

Article from:
Evening News - Scotland
Article date:
July 21, 1998
Author:
Copyright

TWO Scottish brothers were catapulted into the ranks of Britain's richest men today after the company they founded was snapped up for GBP 81 million.

John and Hugh Boyle joined the ranks of the super rich when holiday giant Airtours stepped in to buy their firm, Direct Holidays.

The deal went ahead just weeks after the firm's cruise division, Direct Cruises, found itself at the centre of a Legionnaire's Disease scare aboard the cruise ship SS Edinburgh Castle.

Two people who had travelled on the ship at different times developed the disease - but no link between the ship and the passengers illness has been proved.

John Boyle stands to pick up GBP 42m from today's deal, while his brother ...

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