Driving Its Own Destiny: The Market

Summary


After a seesaw battle for a year-and-a-half between Hertz Global Holdings Inc. and Avis Budget Group Inc., neither company could pull off the purchase of Dollar Thrifty Automotive Inc.

Dollar Thrifty ended the solicitation process on Tuesday, taking itself off the market.

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Driving Its Own Destiny: The Market

Avis dropped its bid in September, leaving Hertz as the lone suitor for Dollar Thrifty. In the end, no acceptable takeover proposals came from Hertz or any other third party by the ...

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