Avis Budget Group Inc., one of two rental car industry suitors vying for Dollar Thrifty Automotive Group Inc., increased its bid to $1.36 billion for the Tulsa-based company Thursday.
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Rental car giant Avis Budget increases bid for Dollar Thrifty
Attorneys representing shareholders of Dollar Thrifty Automotive Group asked a Delaware judge Wednesday to delay a vote on the rental car company’s proposed $1.2 billion acquisition by Hertz Global Holdings so it can try to negotiate a better deal with Avis Budget Group.
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Rental car rivals both eye Dollar
Shareholders of rental car company Dollar Thrifty Automotive Group Inc. are asking a Delaware judge to delay a vote on the company’s $1.2 billion acquisition by rival Hertz Global Holdings Inc.
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Judge weighs Hertz merger with Dollar Thrifty