Tagged merger
By Chris Brown , May 2012
With Hertz’s announcement of a potential buyer for Advantage, how will a Dollar Thrifty deal go down, when, and for how much?
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May 3, 2012 in Rental Operations
Company reports it has 'agreed on the material terms' on the sale of its Advantage brand with a potential buyer. Announcement opens the door for a new Dollar Thrifty deal.
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November 1, 2011 in Rental Operations
The company reported net income for the 2011 third quarter of $66.6 million on a 4.1 percent increase in rental days and fleet cost per vehicle of $186 per month, compared to $262 a month in 2010.
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October 27, 2011 in Fleet Acquisition
While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.
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October 10, 2011 in Rental Operations
Back on Aug. 21, Dollar Thrifty had asked for final bids from Hertz and Avis, which dropped out Sept. 6. Though Dollar Thrifty did not accept an earlier bid from Hertz, a Hertz spokesperson says ‘Hertz remains interested.’
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September 12, 2011 in Fleet Acquisition
The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.
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May 19, 2011
Dollar Thrifty Automotive Group's Board of Directors has adopted a plan that is designed to deter or slow down any hostile takeover.
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With Hertz’s announcement of a potential buyer for Advantage, how will a Dollar Thrifty deal go down, when, and for how much?
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