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The company will acquire all 26 of the on-airport locations that the FTC required Hertz to divest.
Read More →As a result of the FTC consent order, Hertz will be required to provide the company, or another FTC-approved buyer, with the right to operate on-airport concessions at an additional 13 airports.
Read More →Hertz revised earlier statements on the number of on-airport Dollar Thrifty locations it will have to divest, but said it has completed purchasing 99.6% of the shares of Dollar Thrifty common stock.
Read More →According to the FTC’s complaint, Hertz’s original proposed acquisition of Dollar Thrifty would be anticompetitive and would violate both Section 5 of the FTC Act and Section 7 of the Clayton Act, in a number of airport car rental markets.
Read More →The tender offer is now scheduled to expire on Nov. 16, 2012.
Read More →Rising fleet costs, soft pricing and merger-related expenses impacted profits in the quarter.
Read More →The apps will allow Windows Phone users to make, view and modify reservations from their phone.
Read More →Hertz said it is assisting the Federal Trade Commission in its review of the case by addressing ‘matters raised by the Commissioners and the staff.’
Read More →Except for the extension of the tender offer expiration date to acquire Dollar Thrifty, all other terms and conditions of the tender offer remain unchanged.
Read More →Last week, Dollar Thrifty Automotive Group announced that its 'go-shop' period, in which the company had to review any competing solicitations before moving forward on the Hertz deal, has ended.
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