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Shares of Hertz have jumped 44 percent over the past three months. Avis, which has a $1.57 billion bid for Dollar Thrifty awaiting government approval, has seen shares rise 46 percent.
Read More →The plaintiffs’ complaint states that the acquisition will lessen competition, increase prices, reduce supply and negatively impact service.
Read More →The new agreement provides Avis Budget with an exclusive opportunity to promote its Avis Rent A Car and Budget Rent A Car brands with the more than 105 million business and leisure travelers that fly with American Airlines and American Eagle Airlines each year.
Read More →Favorable deals with the OEMs, a mix of vehicles with higher residual values and higher-return remarketing channels all bode well for continued lower fleet costs, says equity research firm MKM Partners.
Read More →Revenue totaled $1.5 billion, an increase of 3 percent year-over-year, while net income gained 58 percent.
Read More →While Avis Budget and Dollar Thrifty wait for an FTC ruling, the three public companies report solid financials.
Read More →The car rental company’s dual agreements will provide Frontier’s EarlyReturns members and JetBlue’s TrueBlue members with savings on Avis rentals.
Read More →The car rental company’s stock price will depend on the health of the overall economy.
Read More →The car rental company said third-quarter revenue is expected to increase year-over-year to approximately $1.5 billion.
Read More →Avis has yet to enter into a merger agreement with Dollar Thrifty and has not commenced its promised exchange offer for Dollar Thrifty.
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