Is Hertz close to driving away with Dollar Thrifty?

Newswire

By A. Ananthalakshmi and Megha Mandavia May 25 (Reuters) - Car rental company Hertz Global Holdings Inc is nearing its long-cherished goal of buying out rival Dollar Thrifty, after doggedly pursuing its quarry through a bidding war with rival Avis Budget for several years. A friendly deal could be announced anytime now, according to several investors. Hertz said earlier this month that it was close to getting antitrust approval - seen as the biggest hurdle to a transaction - having ...

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