Friday 24 June 2011

Hertz Clearing the Decks for Dollar Thrifty Deal? – Deal Journal –

Hertz (NYSE: HTZ) shares dip to the north today, showing a growth of 9.56% in the price of the last inspection. The rush of the shares of the owner car comes with the news that it plans to buy U.S. dollars competitor Thrifty (NYSE: DTG) will smooth sailing from here.

hertz

Hertz

Hertz was thrown into a bidding war with rival Thrifty Avis Budget Group (NYSE: CAR), with Avis to offer the company’s recent $ 1.63 billion, was an attempt to answer the two U.S. dollars, 02 billion Hertz. Talking about bid-up aggression has decreased today, however, Avis announced that it has made ??the search for Dollar Thrifty, and decided to use the money instead of Avis Europe (1.03 billion U.S. dollars) to buy.

Hertz Clearing the Decks for Dollar Thrifty Deal? – Deal Journal –

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