A PYMNTS Company

U.S.: After resistance, Hertz wins Dollar Thrifty

By  |  November 16, 2012

After a longstanding bid, Hertz Global Holdings Inc has earned approval to acquire Dollar Thrifty Automotive Group for $2.56 billion from antitrust authorities. Hertz has won the deal after agreeing to sell 13 additional counters at airports than originally intended. Additionally, Hertz will sell its Advantage brand. The acquisition has been met with a history of resistance, as Federal Trade Commissioner Rosch and the FTC’s Bureau of Economics have both previously spoken out against the deal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Reuters

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.