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Hertz amended its agreement to purchase Dollar Thrifty and began a process to divest Advantage Rent-a-Car09/13/2010Hertz amended its agreement to purchase Dollar Thrifty and began a process to divest Advantage Rent-a-Car bit.ly/cSOni9 "to facilitate the prompt closing of the transaction" with Dollar Thrifty, according to a joint statement from Hertz and Dollar Thrifty. The two companies agreed to increase the ...
Hertz is expecting corporate pricing this year to be down 1 percent to 2 percent compared to 201002/23/2011Hertz is expecting corporate pricing this year to be down 1 percent to 2 percent compared to 2010 bit.ly/eu7UhS , according to company executives. CFO Elyse Douglas cited "aggressive competition and the slower recovery of higher-priced small business accounts." Corporate volume in the fourth ...
Hertz: Dollar Thrifty Acquisition Would Help Corporate Sales05/09/2011The bidding war for Dollar Thrifty Automotive Group started anew on Monday, as Hertz proposed to acquire the car rental company for more than $2 billion, or $72 per share in cash and stock. Hertz claimed its offer represents "a 24 percent premium to the value of the entirely hypothetical price ...
Hertz Advancing Navigation, Checkin Tools, Adding Electric Cars07/30/2010Hertz is rolling out enhanced navigation equipment, expanding its self-service kiosk presence and increasing its green fleet, Hertz senior vice president of sales Robert Stuart told Business Travel News this week.
Hertz, Dollar Thrifty Score Second-Quarter Gains08/04/2010Hertz on Wednesday reported increased revenues and business travel volume during the second quarter, and Dollar Thrifty also reported increased rental activity for the period.
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