Both Hertz Dollar Thrifty s boards unanimously approved deal, needs antitrust clearance Federal Trad

Avis dropped its bid nearly year ago, citing market conditions. Then October year, Hertz dropped its bid too. But Dollar Thrifty didn t trust years attempts over. In February, extended its shareholder rights plan known poison pill — maneuver designed deter unsolicited attempts company — May 2013.
Both Hertz Dollar Thrifty s boards unanimously approved deal, needs antitrust clearance Federal Trade Commission. Hertz said stayed close contact FTC secure clearance Dollar Thrifty fully cooperate process.
Hertz 8,650 corporate licensee locations approximately 150 countries North America, Europe, Latin America, Asia, Australia, Africa, Middle East New Zealand. Dollar Thrifty approximately 280 corporate car rentals houston locations United car rentals houston States Canada. The company 1,300 franchise locations 82 countries.
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