Hertz to Buy Dollar Thrifty for $1.2 Billion – CNBC
U.S. car rental firm Hertz Global Holdings had agreed to buy smaller rival Dollar Thrifty Automotive Group for about $1.2 billion to boost its presence in the leisure rental market. The deal marks a significant consolidation for the car rental industry, which is starting to recover from the global economic downturn helped by a pickup [...]
