Avis Budget offers $1.3bn for Dollar Thrifty

The battle for Dollar Thrifty, the Oklahoma car-rental operator, intensified on Wednesday with Avis Budget making a $1.3bn cash-and-shares bid to head off Hertz’s agreed offer...

Read full article on: FT Alphaville » M&A

This entry was posted on Thursday, July 29th 2010 at 21:45 and is filed under Latest Headlines.