Revenues flat, but net income up on rental day growth and a strong used vehicle market. Company calls for “compelling offer to be made” in regards to a Hertz merger to end “the constant distraction of merger speculation.”
No 'Final' Bid from Hertz for Dollar Thrifty
Back on Aug. 21, Dollar Thrifty had asked for final bids from Hertz and Avis, which dropped out Sept. 6. Though Dollar Thrifty did not accept an earlier bid from Hertz, a Hertz spokesperson says ‘Hertz remains interested.’