Car Rental Owner Seeks Payment for Car Rental from Celebrity
Dennis DeSantis, owner of Specialty Car Craft, claims actress Lindsay Lohan owes him more than $10,000 for various rentals.
Dennis DeSantis, owner of Specialty Car Craft, claims actress Lindsay Lohan owes him more than $10,000 for various rentals.
The 5.68 percent notes were priced to yield 5.75 percent, have an expected final payment date in February 2013 and are rated AAA by Moody's Investors Service.
Avis Budget intends to simultaneously enter into a warrant transaction, or "call spread," and use a portion of the net proceeds of the offering to purchase a convertible note hedge. This may have an effect on the market price of Avis Budget's common stock, the company said.
Hertz is suing a research firm that lists it as one 20 companies with the highest probability of declaring bankruptcy. In his Auto Focus blog, Chris Brown looks at the company behind the bankruptcy claim, its methodology and how is the market reacting.
In addition to booking a flight, United's Mileage Plus members can use their miles to book car rentals in the United States and Canada and hotels worldwide.
Through the new service, Manheim customers will be able to view Carfax's Auction Quick Check and Vehicle History Reports via Manheim.com.
Additionally, the company announces new franchise locations.
When an Accor customer confirms a hotel reservation on www.accorhotels.com, a pre-selection of three vehicles available for rental from Europcar is proposed.
Enterprise Holdings Inc., announced that its indirect, wholly owned subsidiary, ARG Funding Corp. has increased the consideration offered for certain tranches of its fixed rate rental car asset backed notes in connection with its previously announced tender offer.
Alamo Rent A Car is offering discounted rates, free rental days, and class upgrades for travel to Latin American destinations.
The notes will bear interest at 5.68 percent per annum and are expected to be rated AAA by Moody's Investors Service upon issuance.
Sixt is now offering 15 stations in Mexico with wide-ranging services for business and private customers.
One rental agency reports being out of vehicles. Others aren't taking reservations.
Hertz has filed a lawsuit alleging that a company defamed it in a report that named Hertz among 20 large companies “most likely to declare bankruptcy” within a year.
According to the American Express Global Business Travel Forecast released today, pent up trip demand coupled with supply base changes are likely to cause rates to slightly increase in most travel categories by the end of 2010.
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