Carnival Says It Is Not In Talks With P&O

Tuesday, August 24, 1999

Carnival Corp. officials said the company is not currently in talks with rival cruise operator P&O, whose shares rose yesterday amid talk of a buyout bid from Carnival. A Carnival spokesperson previously said the company had held talks with P&O but gave no details and declined comment on a news report it had offered $11 billion for the owner of Princess Cruises.

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