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Franchise Services of North America Inc. announced on Dec. 10 that Sanford Miller has resigned from his position on the board.
Read More →Tom McDonnell will be the company's sole chief executive officer and chairman. Sanford Miller, the former co-chief executive officer and co-chairman, will not continue in an executive capacity with the company but will continue to serve as a director.
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 →Franchise Services of North America (FSNA) reported a net loss of $348,097 in the third quarter of 2012 compared to $20,131 in the same quarter last year.
Read More →FSNA said that Hertz’s completion of carving out Advantage’s financial statements, which is pursuant to the Advantage Purchase Agreement, is not expected until after November.
Read More →Franchise Services of North America and its partner Macquarie Capital have signed a purchase agreement with the Hertz Corp. to acquire Advantage Rent-A-Car once certain divested assets from Dollar Thrifty meet regulatory requirements.
Read More →Franchise Services of North America Inc. (FSNA), owners of the U-Save, Rent-A-Wreck Canada and Practicar brands, reported a slight drop in revenue for its second quarter and announced the opening of two new franchise locations.
Read More →The 2011 convention, to be held at Caesar’s Palace in Las Vegas, will celebrate the 30th anniversary of U-Save and 32nd anniversary of Rent-A-Wreck Canada.
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