Hertz Makes New Dollar Thrifty Bid of $2.1 billion
Hertz revived a bidding war for Dollar Thrifty when it offers nearly $2.1 billion for the No.2 U.S. car rental firm. Hertz, which is owned by Clayton, Dubilier & Rice, the Carlyle Group and Bank of America Merrill Lynch, offered $72 a share for Dollar Thrifty. Last year, Avis made an offer for Dollar Thrifty which has been pursuing antitrust clearance for the deal.
9 May 2011•4 mins read
