Avis Budget Group proposed to purchase Dollar Thrifty Automotive Group for "a higher price" than an offer floated in April by Hertz Global Holdings

. According to a letter from Avis Budget CEO Ronald Nelson to Dollar Thrifty's board of directors, the higher price combined with other more favorable terms make the Avis proposal "a superior one." According to a Dollar Thrifty statement, the company will review the deal. Dollar Thrifty already scheduled a Sept. 16 shareholder meeting to vote on the Hertz proposal.