Tagged merger

What’s Next for a Hertz Deal for Dollar Thrifty?

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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Hertz Closer to Advantage Sale

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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Dollar Thrifty Reports Record Quarterly Net Income

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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Hertz Withdraws Offer to Acquire Dollar Thrifty

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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No 'Final' Bid from Hertz for Dollar Thrifty

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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Hertz Extends Deadline for Exchange Offer to Dollar Thrifty

The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.

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Dollar Thrifty Adopts Shareholder Rights Plan

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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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Car Rental: First Quarter Analysis and Outlook

A stronger-than-expected used car market is tempered by competitive pricing in the first quarter. But will the trend continue?

What is Holding Back the Electric Vehicle Revolution?

The movers and shakers in the electric vehicle market offer a candid glimpse into the immediate future of electric vehicles. (With photos!)

What’s Next for a Hertz Deal for Dollar Thrifty?

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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