FTC Will Allow Enterprise Purchase of Vanguard

The Federal Trade Commission has announced it will not block Enterprise Rent-A-Car's purchase of Vanguard Car Rental Holdings LLC, reports the St. Louis Dispatch.

Enterprise agreed on March 30 to buy Vanguard, the owner of Alamo Rent-A-Car and National Car Rental. Vanguard was the fourth-largest car rental company.

The deal must now gain approval in Canada, which should occur by August, according to Enterprise.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

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

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.