 On 13 April 2020, it was announced that LOT Polish Airlines had withdrawn its offer to acquire German airline Condor, with the German government agreeing to support Condor with emergency liquidity.At the time of the 2007 merger, 52% of the shares in the new company were held by the German mail-order and department store company Arcandor (the former owner of Thomas Cook AG) and 48% owned by the shareholders of MyTravel Group.Arcandor filed for bankruptcy in June 2009, and its shares in Thomas Cook were sold in September 2009.