UPDATE 1-Avis tops Hertz with $1.33 bln bid for Dollar Thrifty


* Avis offers $46.50 a share for Dollar Thrifty * Total deal value of $1.33 billion * Offer still below Dollar's last closing price July 28 (Reuters) - Avis Budget Group Inc offered about $1.33 billion to buy Dollar Thrifty Automotive Group Inc , topping rival Hertz Global Holdings' offer, but still short of the company's current market value. Avis offered $46.50 a share for Dollar Thrifty, 13 percent above Hertz offer of $41 a share, but below Dollar's closing price of $46.68 ...

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