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CEO: Hertz 'scrambling' to buy cars (from Corporate Dealmaker)

Good news for automakers: Someone is buying cars. The CEO of rental-car giant Hertz Global Holdings Inc. (NYSE:HTZ) on Thursday said (see video below) the company has seen demand for rentals stabilizing in the U.S. and Europe, predicting that after two quarters of losses the firm will return to profit...

Posted on June 25, 2009 2:37 PM

AT&T acquires Wi-Fi access provider Wayport for $275M (from Corporate Dealmaker)

AT&T Inc., through one of its subsidiaries, is buying privately-held Wayport Inc. for about $275 million in cash, adding nearly 20,000 domestic hotspots to its global Wi-Fi presence of more than 60,000 locations. Irving, Texas-based Wayport enables wireless connections to the Internet via smartphones and other Wi-Fi enabled devices at...

Posted on November 6, 2008 3:17 PM