Dollar Thrifty News
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Hertz Corp. and Avis Budget Car Rental LLC are among four car rental companies suing the city of Chicago over the bidding to occupy a new facility to be built at O’Hare International Airport.
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Kenneth Heebner, who once ranked as America’s No. 1 stock picker, took new positions in Goldman Sachs Group Inc. and Hertz Global Holdings Inc., while selling out of Bank of America Corp. and Herbalife Ltd.
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Hertz Global Holdings Inc., awaiting final U.S. antitrust approval for its acquisition of Dollar Thrifty Automotive Group, is among rental-car companies enjoying price increases not seen since before the recession.
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Hertz Global Holdings Inc., the largest publicly traded U.S. auto-rental chain, said it will move its headquarters to Florida from New Jersey following its acquisition of Dollar Thrifty Automotive Group.
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Hertz Global Holdings Inc. and Dollar Thrifty Automotive Group Inc. jumped after Hertz struck a deal to buy the smaller company for about $2.6 billion following more than half a decade of trying.
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U.S. antitrust regulators are investigating whether Macquarie Group Ltd.’s private-equity arm violated a consent decree allowing it to buy the Advantage rental car brand from Hertz Global Holdings Inc., two people familiar with the matter said.
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Hertz Global Holdings Inc.’s two-year pursuit of Dollar Thrifty Automotive Group Inc. is on the verge of doubling in price.
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Six weeks in as chief executive officer of Dollar Thrifty Automotive Group Inc., Scott Thompson was facing a roomful of bankers who had loaned the rental-car company $2.5 billion and were having second thoughts.
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Enterprise Holdings Inc. managed to become the world’s largest rental-car company by sales without actually spanning the globe. The chief executive officer says he knows that has to change.
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Dollar Thrifty Automotive Group Inc. shareholders may extract the biggest price increase of any takeover in America as Hertz Global Holdings Inc. and Avis Budget Group Inc. vie for control of the car-rental company.
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