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NewsFebruary 26, 2001

Hertz Declares Quarterly Dividend

The Hertz board of directors declared a quarterly dividend of $0.05 per share on the company's class A and class B common stock, payable on March 9. The dividend applies to shareholders of recor...

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NewsFebruary 26, 2001

Budget Sells U.K. Operations

Budget Group has signed a letter of intent to sell its corporate operations in Manchester and Birmingham, England, to Jaeban U.K. Ltd, a current Budget franchisee. Budget said it expects the sal...

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NewsFebruary 26, 2001

CAR Hosts Manheim Economist Who Will Forecast Used Car Market

Tom Webb, chief economist at Manheim Auctions, is set to forecast used car sales projections at the upcoming Conference of Automotive Remarketing. The conference will be held March 19-21 at the ...

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NewsFebruary 21, 2001

CAR 2001 to Feature Thrifty's Himelfarb

Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, is set to speak about car rental remarketing issues at the sixth annual Conference of Automotive Remarketing (CAR), scheduled for ...

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NewsFebruary 21, 2001

Avis Becomes Partner in US Airways Dividend Miles Program

Avis Rent A Car has become a new partner in the US Airways Dividend Miles program. Avis now offers Dividend Miles members opportunities to earn frequent flier benefits when renting a car....

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NewsFebruary 21, 2001

Avis Launches Web Site for Meeting Planners

Avis Rent A Car has launched a new Web site, www.avis.com/meetings, designed for meeting planners. The site gives meeting planners access to their own customized Web pages for posting individual...

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NewsFebruary 21, 2001

German Court Rejects Sixt Appeal, Rules in Favor of Budget Group

The German Federal Court of Justice on Feb. 13 rejected an appeal by Sixt GmbH & Co Autovermietung KG. The court upheld a January ruling that Budget's 1997 termination of its licensing agreement...

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NewsFebruary 21, 2001

Dollar Extends 15% Commission for Florida Bookings

The Florida Division of Dollar Rent A Car Systems has extended through July 10 its 15% commission for domestic travel agencies that book leisure rentals with Dollar in Florida. The 15% commissio...

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NewsFebruary 7, 2001

Thrifty's Don Himelfarb to Speak at CAR 2001

Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, will speak to the six annual Conference of Automotive Remarketing in Las Vegas on March 21. He will address vehicle remarketing is...

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NewsFebruary 7, 2001

Ford, Hertz Reach Agreement on Per-Share Selling Price

Ford Motor Company and the Hertz Corporation announced Jan. 16 they have reached an agreement for Ford to acquire all the publicly held shares of common stock of Hertz at a price of $35.50 per s...

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