Hertz Global Holdings agreed to acquire Dollar Thrifty Automotive Group - Business Travel News

Share this page

Related Content

Avis Seeks To Counter Hertz Bid For Dollar Thrifty

Hertz Agreement To Buy Dollar Thrifty Could Expand Pricing Options

Buyers Can Gain As Hertz, Avis Battle For Dollar Thrifty

Dollar Thrifty Would Listen To "Substantially Higher" Avis Bid

Avis Budget Raises Offer For Dollar Thrifty

Blog Channels

Global

Average Daily Rate

Airline

Hotel Rates

North America

Procurement

NEWSLOG

Kingfisher Airlines suspended its entry into the Oneworld alliance
Malev Hungarian Airlines on Friday ceased operations

STORIES

Starwood: 2012 Corporate Rates Rising
Job Cuts, Capacity Increase Mark AA's Reorganization Plan
Travel Procurement
Home > Topics > Multinational
Text size: A A A
Tags: Hertz Global Holdings, Dollar, Thrifty, Dollar Thrifty Automotive

NewsLog
RSS

April 26, 2010 - 05:38 AM ET

Hertz Global Holdings agreed to acquire Dollar Thrifty Automotive Group in a mixed cash and stock deal subject to closing conditions and regulatory approvals. "Dollar Thrifty is a $1.6 billion business with more than 1,550 corporate and franchise rental locations worldwide which, when combined with our global network, will serve rental customers on six continents from approximately 9,800 locations," according to a statement by Hertz CEO Mark Frissora. "Together we will be able to compete even more effectively and efficiently against other multi-brand car rental companies."

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Airberlin on March 20 will become a full Oneworld member,... read more »
Radius named Fernando Marcomini manager for Latin America sales and client relations, a new position.... read more »
EasyJet announced a "pan-European commercial agreement" with American Express Global Business Travel.... read more »
JetBlue Airways and Singapore Airlines announced a new interline agreement... read more »
UAE's Etihad Airways agreed to increase its stake in Airberlin to 29.21 percent, becoming the German carrier's largest shareholder,... read more »
Kingfisher Airlines on Feb. 10, 2012 will join Oneworld,... read more »
The Global Business Travel Association hired Welf Ebeling as regional director of GBTA Asia,... read more »
Belgium's Key Travel joined GlobalStar Travel Management.... read more »
Star Alliance named United Airlines senior vice president of alliances Mark Schwab its new chief executive.... read more »
Travel management company ATPI added Thailand's Waranart Travel to its partner network,... read more »
Australian authorities this week approved a joint venture between Virgin Australia and Singapore Airlines,... read more »
newslog home »