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Stock Market & Financial Investment News

News Breaks
November 20, 2012
07:02 EDTDTG, HTZHertz Global completes acquisition of Dollar Thrifty
Hertz Global Holdings announced that it has successfully completed its previously announced acquisition of Dollar Thrifty Automotive Group (HTZ). As a result of the transaction, Dollar Thrifty (DTG) has become a wholly owned subsidiary of Hertz. Hertz completed a tender offer in which it purchased approximately 99.6% of the shares of Dollar Thrifty common stock then outstanding at $87.50 per share in cash. Hertz subsequently acquired the remaining shares of Dollar Thrifty common stock by means of a short-form merger in which such shares were converted into the right to receive the same $87.50 per share in cash that will be paid in the tender offer. In order to accomplish the short-form merger, Hertz exercised its "top-up" option to purchase additional shares of Dollar Thrifty common stock directly from Dollar Thrifty. Dollar Thrifty's common stock will no longer be listed on the New York Stock Exchange.
News For DTG;HTZ From The Last 14 Days
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December 19, 2014
16:45 EDTHTZGeneral Motors, Hertz in pact for purchase of GM vehicles
On December 15, The Hertz Corporation (HTZ) and General Motors (GM) entered into an agreement relating to Hertzís purchase of GM vehicles for the 2015 vehicle model year. The agreement also sets forth the terms and conditions related to GMís repurchase of a portion of the vehicles purchased by Hertz under the agreement.
December 18, 2014
09:21 EDTHTZOn The Fly: Pre-market Movers
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December 17, 2014
18:34 EDTHTZOn The Fly: After Hours Movers
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17:12 EDTHTZCarl Icahn raises stake in Hertz to 11.34% from 10.77%
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December 10, 2014
08:03 EDTHTZHertz expands across Europe with more than 80 branches in 2014
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