Stephanie Pillersdorf

Hertz Pulls Offer for Dollar Thrifty, Pursues FTC Approval

Hertz Global Holdings Inc. withdrew its $1.94 billion offer to buy Dollar Thrifty Automotive Group Inc. after almost 18 months of intermittently trying to acquire the smaller car-rental company and being rejected.

Dollar Thrifty Offering 24% Profit on Bets Hertz Will Seal Deal: Real M&A

Dollar Thrifty Automotive Group Inc. is offering a 24 percent profit for traders who bet regulatory scrutiny and the worst credit markets in two years won’t scuttle its takeover by Hertz Global Holdings Inc.

Oliver Stone's Showtime Series Should Be Canceled, Billionaire Saban Says

Billionaire Haim Saban called on CBS Corp.’s Showtime Networks to cancel Oliver Stone ’s planned “Secret History of America” documentary series after the filmmaker made remarks that were criticized as anti-Semitic.

Bankrupt Harry & David Gets Court Permission to Terminate 2,700 Pensions

Harry & David Holdings Inc., a specialty-food retailer, received bankruptcy court permission to terminate the pensions of more than 2,700 workers, the Pension Benefit Guaranty Corp. said.

Barclays-Lehman, Visa's CyberSource, Dollar, IKB, MF Holding in Court News

The trustee for Lehman Brothers Holdings Inc. ’s brokerage charged $12,600 to review documents outlining terms of its purchase by Barclays Plc , and now says he didn’t know what he was signing, according to a Barclays lawyer.

Harry & David’s Bankruptcy Rocks Medford After LBO

In good years, DC-8 cargo planes used to land at the airport in Medford, Oregon, to haul away Royal Riviera pears, Moose Munch caramel popcorn and fruit baskets from Harry & David Holdings Inc.

Takeovers Prove Toxic for Arbs as Higher Bids Vanish: Real M&A

Ralcorp Holdings Inc. and Temple- Inland Inc. are losing more money than ever for traders betting on higher takeover offers.

Dollar Thrifty Merger Makes Traders See Biggest Gain in America: Real M&A

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.

Avis May Have to Sell Assets to Get Thrifty

Avis Budget Group Inc. may be ordered by the U.S. Federal Trade Commission to divest some assets to get antitrust approval of the company’s planned purchase of Dollar Thrifty Automotive Group Inc.

Hertz, Avis Takeover Efforts May Push Dollar Thrifty to $100, Analysts Say

Hertz Global Holdings Inc. and Avis Budget Group Inc. may push Dollar Thrifty Automotive Group Inc.’s share price as high as $100 as they bid to be the second- largest U.S. rental-car company, analysts said.

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U.S. Sees No Hard Evidence of Syrian Chemical Weapons Use

European Stocks Little Changed as Miners Rise, Ifo Drops

Stocks, S&P 500 Futures Gain as Copper, Gold Advance

U.S. Mint Runs Out of Smallest American Eagle Gold Coin

Apple Returning $55 Billion to Investors as Forecast Trails