Hertz says reviewing Avis' offer for Dollar Thrifty

Newswire

BANGALORE, July 29 (Reuters) - Hertz Global Holdings Inc is reviewing Avis Budget Group Inc's bid for Dollar Thrifty Automotive Group , a company spokesperson told Reuters. "We have begun reviewing their bid which we learned about late yesterday afternoon. We would not respond until Dollar Thrifty determines if Avis bid is superior," Hertz spokesman Richard Broome said in an e-mailed statement. On Wednesday, Avis offered about $1.33 billion for Dollar Thrifty, topping Hertz's offer as ...

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