Hertz Global Holdings won a bankruptcy auction to purchase for $30.3 million Advantage Rent-A-Car's assets

, according to Reuters. Hertz beat out a $19 million bid by Enterprise Rent-A-Car, which last month had agreed to purchase bankrupt Advantage's remaining operations, rental fleet, recently closed operations, customer lists and "certain Advantage corporate accounts." Enterprise said it "declined to bid further" as the Hertz bid was "higher than the management of Enterprise deemed appropriate for the failed business."