Business News • MarketWire • Hertz Signs Definitive Agreement to Acquire Dollar Thrifty |
Hertz Signs Definitive Agreement to Acquire Dollar Thrifty |
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Hertz Signs Definitive Agreement to Acquire Dollar Thrifty
PARK RIDGE, NJ--(Marketwire - April 26, 2010) - Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") and Dollar Thrifty Automotive Group (NYSE: DTG) ("Dollar Thrifty") announced today that they signed a definitive agreement providing for Hertz to acquire Dollar Thrifty for a purchase price of $41.00 per share, in a mix of cash and Hertz common stock, based on Friday's closing stock price. When completed, Hertz anticipates that the transaction will be immediately accretive to annual adjusted earnings per share.
View More : http://www.marketwire.com/mw/release.do?id=1153249&sourceType=3
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