UPDATE 1-Hertz says not to raise offer for Dollar Thrifty

Newswire

* Confident of DTG shareholder approval * Hertz's offer currently below Avis' * Dollar Thrifty shares fall, Hertz up Sept 24 (Reuters) - Hertz Global Holdings said it would not raise its offer further for Dollar Thrifty , a day after rival Avis Budget sweetened its bid for the car rental company. Dollar Thrifty shares fell 2 percent in early trade to $51.14, while Hertz rose more than 4 percent to $10.88 on the New York Stock Exchange. In a statement, Hertz said its raised bid ...

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