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Ronald Nelson, Avis Budget’s chairman and chief executive officer, sends a letter to Dollar Thrifty’s executives and says the company wants to make a “substantially higher offer” than Hertz.
Read More →Michael Millman of Soleil Securities says the move might allow the company to act on strategic alternatives more quickly. The analyst expects Hertz to acquire the company.
Read More →The merger, valued at more than $3 billion, would create the third-largest rental company in the U.S.
Read More →