Hertz buying Dollar Thrifty for $2.3 billion
Rental car company Hertz is buying its rival Dollar Thrifty Automotive Group Inc. for approximately $2.3 billion, giving it more ways to attract business and leisure travelers and an expanded international presence.
Dollar Thrifty Automotive Group, which has long been a takeover target, said it has not received a buyout offer from Hertz or any other party this year.