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NewsSeptember 23, 2011

Avis Budget Group Achieves ‘Gold Standard’ For Worker Health Programs

The company received accreditation because of its focus on smoking cessation programs, insurance incentives for nonsmokers, and diet and nutrition counseling among other initiatives.

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NewsSeptember 14, 2011

Avis Budget Drops Bid for Dollar Thrifty

In a regulatory filing today, Avis Budget Group Inc. said it is dropping its bid for Dollar Thrifty Automotive Group because of “current market conditions.”

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NewsAugust 31, 2011

Avis Budget Group Finishes $650 Million Bond Offering

Avis Budget Group announced the completion of an asset-backed bond offering for its Avis Budget Rental Car Funding LLC subsidiary with a weighted average interest of 3.5 percent.

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NewsAugust 23, 2011

Avis Budget Launches ‘Avis On Location’

In an agreement Aug. 22 between Avis Budget and I.D. Systems, a wireless program will allow the car rental company to offer smartphone technology and hour-to-hour rentals to its corporate clients without lot staff.

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NewsAugust 22, 2011

Dollar Thrifty Asks Hertz and Avis to Submit 'Best and Final Offers'

Dollar Thrifty says it intends to solicit final proposals in early October.

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NewsAugust 8, 2011

Dollar Thrifty Revenue, Earnings Flat for Q2

Company cites earnings pressure from merger-related expenses, weak rate environment and Japan supply disruptions, partially offset by a decline in direct vehicle and operating expenses.

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NewsAugust 3, 2011

Avis Europe Shareholders Approve Avis Budget Group Acquisition

The acquisition is expected to close in early October, subject to regulatory clearances and final court approvals.

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NewsAugust 1, 2011

Teamsters Call On Dollar Thrifty Board to Redeem Poison Pill

Board's contradictory strategy erodes shareholder value; threatens merger options, say Teamsters.

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NewsJuly 22, 2011

Avis Budget Group to Announce Second Quarter 2011 Results on August 3

Conference call to discuss results scheduled for August 4, 2011.

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NewsJuly 6, 2011

Avis Budget Chairman Ronald Nelson Receives Award for Fight against Cancer

Nelson has received the 2011 Donald A. Gemson Cancer Prevention Public Policy Award, which recognizes leaders for broad-based policy change in the fight against cancer.

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