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The Dollar Thrifty Automotive Group was separated into two subsidiaries, Thrifty Car Rental and Dollar Rent A Car, under the Hertz Corporation. Each operates with its own sales, marketing, rental fleets, and franchise locations from Hertz's headquarters in Estero, Florida under President and CEO Kathryn V. Marinello .
Dollar Rent A Car (formerly known as Dollar A Day Rent A Car) is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Dollar is owned by The Hertz Corporation , along with other agencies including Hertz Rent A Car , Firefly Car Rental and Thrifty Car Rental .
[31] [32] The business transaction included Hertz paying $87.50 per share of the Dollar Thrifty stock. [28] The deal was finalized on November 19, 2012, and resulted in a combined 10,400 locations in approximately 150 countries. [22] Before the merge, Dollar Thrifty was the fourth-largest car rental company. [31]
Hertz (NYS: HTZ) has completed its acquisition of Dollar Thrifty (NYS: DTG) , an $87.50-per-share deal valued at around $2.3 billion, the company announced today. Hertz and Dollar Thrifty had ...
There will be more consolidation in the car rental world. Hertz (NYS: HTZ) is buying Dollar Thrifty (NYS: DTG) in a $2.3 billion deal. The transaction will cash out Dollar Thrifty shareholders at ...
Hertz Global Holdings (HTZ) announced Monday plans to acquire rival Dollar Thrifty Automotive Group (DTG) in a deal valued at $1.2 billion, as the world's largest airport car rental company aims ...