Hertz Files Registration Statement as Next Step to Acquire Dollar Thrifty

Hertz Global Holdings Inc. announced Wednesday that it filed a registration statement on Form S-4 with the Securities and Exchange Commission pursuant to its previously announced merger agreement with Dollar Thrifty Automotive Group Inc.

The registration statement includes a preliminary prospectus covering shares of Hertz's common stock to be issued to Dollar Thrifty stockholders under the terms of the merger agreement and also includes Dollar Thrifty's preliminary proxy statement, seeking the adoption of the merger agreement by Dollar Thrifty's stockholders.

"The filing of the S-4 registration statement represents the next step in achieving the agreed upon merger of Hertz and Dollar Thrifty which we look forward to completing in the near future," Hertz Chairman and CEO Mark P. Frissora said.

"Dollar Thrifty's well-established presence in the value leisure segment of the U.S. airport car rental market, as well as other key international markets, complements Hertz's global presence in the business and premium leisure car rental segments," he added.

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.