NEW YORK: Car rental company Hertz Global Holdings Inc struck a sweetened US$1.56 billion (US$1 = RM3.10) deal to buy Dollar Thrifty Automotive Group Inc on Sunday, outdoing a rival bid from Avis Budget Group Inc. Hertz raised its bid for Dollar Thrifty to US$50 per share, including a US$10.80 per share increase in the cash component of the offer, and the two sides amended their merger agreement …
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Hertz sweetens Dollar offer
Car rental company Hertz Global Holdings Inc. on Sunday raised its takeover offer for rival Dollar Thrifty Automotive Group Inc. to about $50 per share, trumping a rival bid from Avis Budget Group Inc
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Dollar Thrifty Agrees To Sweetened $50 Per Share Hertz Offer – Update
Car rental company Hertz Global Holdings Inc raised its bid for Dollar Thrifty Automotive Group Inc to $1.43 billion, outdoing a rival offer from Avis Budget Group Inc, the Wall Street Journal reported on its website on Sunday.