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NewsOctober 6, 2010

Advantage Rent a Car Opens Four New Locations in the U.S.

The Hertz Corporation said it will open six more locations by November.

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NewsOctober 6, 2010

Hertz Opens 60 New Local Edition Locations

By the end of December, Hertz will have opened more than 250 new locations in 2010. The openings are part of a company-wide strategy to accelerate expansion in the off airport car rental market.

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NewsOctober 6, 2010

Avis Budget and Dollar Thrifty Cooperate in Seeking Regulatory Approval

In a joint statement the two companies said: 'Dollar Thrifty and Avis Budget have agreed to cooperate with respect to Avis Budget's efforts to pursue antitrust clearance of the proposed acquisition by Avis Budget of Dollar Thrifty.'

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NewsOctober 1, 2010

Avis Reaffirms Commitment to Acquire Dollar Thrifty

Avis Budget states it is planning an exchange offer for Dollar Thrifty's shares within the next 10 business days.

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NewsOctober 1, 2010

Hertz Shifts Focus to Advantage Expansion

Hertz states it is taking the necessary steps to cease activities related to the acquisition of Dollar Thrifty.

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NewsSeptember 30, 2010

Dollar Thrifty's Shareholders Reject Hertz's $1.46 Billion Takeover Offer

Prior to the shareholder vote, Hertz said it would end efforts to acquire Dollar Thrifty if DTAG shareholders rejected the deal. The final vote results totaled 11,811,154 votes for and 13,830,126 against, with 4,735 abstentions.

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NewsSeptember 30, 2010

Enterprise Holdings Earns $12.6 Billion in Worldwide Revenues

The car rental company says results reflect successful integration of Alamo Rent A Car and National Car Rental brands into company’s regional subsidiaries, as well as continued strong performance of flagship Enterprise Rent-A-Car brand.

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NewsSeptember 29, 2010

Avis Claims ‘Best Car Rental Company’ Awards

The car rental company was honored by U.K.-based Business Traveller magazine and received two awards for being the best car rental company worldwide and in Europe.

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NewsSeptember 29, 2010

Hecker Employee Admits to Lying and Mail Fraud

Hecker’s leasing company allegedly bought "risk" vehicles from Hyundai Motor America, but treated them as "repurchase" vehicles, leading lenders to believe that Hyundai would buy them back for a set price if they did not sell within a period of time.

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NewsSeptember 29, 2010

DTAG Shareholder to Vote Against Hertz Merger

One top Dollar Thrifty shareholder said Hertz’s cash-and-stock offer undervalues his holdings.

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