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Air Services Other M&A image Air Services Other M&A » By The Online Investor Staff, updated Sun., Sep. 26, 10:00 PM Recent mergers and acquisitions in the Air Services Other M&A category.

Slide #22. Hertz Global Holdings Dollar Thrifty Automotive Group

Acquirer: Hertz Global Holdings (HTZ)
Acquiree: Dollar Thrifty Automotive Group (DTG)
Details: Hertz Global Holdings, Inc. and Dollar Thrifty Automotive Group, Inc. announced that they have entered into a definitive merger agreement under which Hertz would acquire Dollar Thrifty for $87.50 per share in cash in a transaction valued at a corporate enterprise value of approximately $2.3 billion.

Hertz Global Holdings is a holding company. Through its subsidiaries, Co. operates its vehicle rental business through the Hertz, Dollar and Thrifty brands in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Co. is also a provider of integrated vehicle leasing and fleet management solutions. Co.'s segments are: U.S. RAC, which includes rental of vehicles, as well as sales of services, in the U.S.; International RAC, which includes rental and leasing of vehicles, as well as sales of services, internationally; and All Other Operations, which provides integrated vehicle leasing and fleet management solutions in the U.S. and Canada.

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Hertz Global Holdings is a holding company. Through its subsidiaries, Co. operates its vehicle rental business through the Hertz, Dollar and Thrifty brands in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Co. is also a provider of integrated vehicle leasing and fleet management solutions. Co.'s segments are: U.S. RAC, which includes rental of vehicles, as well as sales of services, in the U.S.; International RAC, which includes rental and leasing of vehicles, as well as sales of services, internationally; and All Other Operations, which provides integrated vehicle leasing and fleet management solutions in the U.S. and Canada.

Open the DTG Page at The Online Investor »

Company Name: 
Hertz Global Holdings Inc (New)
Stock buyback: 
HTZ buyback
Website: 
www.hertz.com
Sector: 
Air Services Other
Company Name: 
Dollar Thrifty Automotive Group, Inc.
Website: 
www.dtag.com
Sector: 
Hotels, Lodging, Restaurants & Travel
 

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