Entries tagged "Hertz Global Holdings Inc."

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Top FTC economist is possible nominee for chairman's post - source

Howard Shelanski is in his second stint at the agency, while Julie Brill and Edith Ramirez round out the current short list. Continue reading

Posted on November 28, 2012 1:39 PM

Market winds favor approval of car rental merger

Several factors, including Hurricane Sandy, could account for the spread on the Hertz-Dollar Thrifty combination. Continue reading

Posted on November 8, 2012 9:01 AM

End of go-shop puts Dollar Thrifty shares under pressure

Investors may have been hoping for the return of Avis to challenge Hertz's offer. Continue reading

Posted on September 26, 2012 2:44 PM

After long fight, Hertz reaches deal for Dollar Thrifty

To gain FTC approval for the $2.3 billion transaction, the buyer will divest its Advantage business to rental car operator FSNA and Macquarie Capital Continue reading

Posted on August 27, 2012 9:21 AM

Dollar Thrifty says 'Put up or shut up'

With no action from Hertz or Avis, the car rental company wants the limbo to end. Continue reading

Posted on August 2, 2012 9:39 AM

Hertz likely to revive Dollar Thrifty bid within weeks

The long-sought deal, with its related spinoff to U-Save, could close by late September Continue reading

Posted on July 3, 2012 10:49 AM

Hertz divestiture to U-Save gains FTC traction

Hertz and regulators appear to have resolved differences over a plan to divest the Advantage brand to the owner of rental car rival U-Save in order to win antitrust approval for Hertz's acquisition of Dollar Thrifty Continue reading

Posted on June 13, 2012 12:44 PM

Zipcar invests in Wheelz, a potential rival

The car-sharing leader makes a $13.7 million bet on a peer-to-peer service aimed at college students. Continue reading

Posted on February 23, 2012 9:46 AM

Arbs still eye Hertz, Dollar Thrifty tie-up

Shares of Dollar Thrifty Automotive Group Inc. dropped Tuesday with the broader equity market although the economy car rental company reported earnings at the high end of expectations and Hertz Global Holdings Inc. remains interested in a merger.Dollar Thrifty reported... Continue reading

Posted on November 2, 2011 9:06 AM

Hertz withdraws Dollar offer

Hertz Global Holdings Inc. on Thursday formally withdrew its $2.24 billion offer to acquire Dollar Thrifty Automotive Group Inc. but said it remains interested in buying the smaller car rental company.Hertz has been pursuing Tulsa, Okla.-based Dollar since April 2010,... Continue reading

Posted on October 27, 2011 3:58 PM

Risk arbitrage: July 25, 2011

The bids keep coming for Southern Union, Glass Lewis has its say about Leap board, and Hertz continues trudge toward Dollar Thrifty. Continue reading

Posted on July 22, 2011 1:00 PM

Risk arbitrage: June 27, 2011

Tianfu Yang enters a definitive agreement to purchase Harbin, and Avis Budget has its hands full with an Avis Europe bid as it sill eyes Dollar Thrifty. Continue reading

Posted on June 24, 2011 1:10 PM

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