Avis to Dollar Thrifty: We will top Hertz bid
Avis Budget Group Inc. plans to trump a rival’s bid for Dollar Thrifty Automotive Group Inc., saying the rental car company agreed to sell itself too cheaply.
Avis Budget Group Inc. plans to trump a rival’s bid for Dollar Thrifty Automotive Group Inc., saying the rental car company agreed to sell itself too cheaply.
Getty ImagesA Hertz car rental store.Avis today said rival rental car company Dollar Thrifty is selling itself too cheaply to Hertz, and promised to top the buyout offer announced last week.
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Avis says its plans to outbid rental-car rival Hertz for Dollar Thrifty
The announcement by Avis signals a potential battle in the rental car sector, an industry that has already seen significant consolidation.
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Avis Seeks to Top Hertzs Bid for Dollar Thrifty