Enterprise, Vanguard car rental firms to merge


NEW YORK, March 30 (Reuters) - Enterprise Rent-A-Car on Friday said it agreed to buy Vanguard Car Rental Group Inc., the parent of National Car Rental and Alamo Rent A Car, in a merger of two of the major U.S. vehicle rental companies. St. Louis-based Enterprise said the acquisition combines its specialty in providing in-town and replacement vehicle rentals with Tulsa, Oklahoma-based Vanguard's specialty in serving customers who rent vehicles in airports. Terms were not disclosed for the ...

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