Hertz Global Holdings, the No 2 US car rental company, said it will buy smaller rival Dollar Thrifty Automotive Group for about $2.3 billion, ending more than two years of on-off takeover talks.
Hertz and third-ranked Avis Group I
Hertz Global Holdings is nearing an agreement to acquire Dollar Thrifty Automotive Group for around $2.5 billion, sources familiar with the matter said, potentially ending years of an on-again-off-again takeover battle involving the US rental ca
Dollar Thrifty Automotive Group of Qatar is expecting to close 2011 with a 20 per cent increase in profit compared to 2010, and has upgraded its fleet to 2012 models, increasing the fleet size by 25 per cent.
According to the World Travel
Car rental company Avis Budget Group dropped out of the race to buy Dollar Thrifty , after a prolonged bidding battle with rival Hertz Global Holdings.
Avis said it had made significant progress in obtaining regulatory clearance for the D
US-based car rental firm Dollar Thrifty Automotive Group will focus on regional expansion, training activities and strategies to deal with the regional unrest at the upcoming Arabian Travel Market (ATM) in Dubai.
The travel trade show will
Dollar Thrifty Automotive Group plans to open new outlets in Oman in the first quarter of 2008.
With existing operations in Muscat and Salalah, the Dollar outlets will cater to booming business segment as well as the marked increase