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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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September 30, 2014
16:00 EDTHTZOptions Update; September 30, 2014
iPath S&P 500 VIX Short-Term Futures up 37c to 31.18. Option volume leaders: AAPL TSLA NFLX BAC TWTR AMZN HTZ DOW C F NFLX PBR according to Track Data.
14:53 EDTHTZAvis Budget falls after CFO calls high end of EBITDA goal 'challenging'
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September 19, 2014
08:05 EDTHTZHertz says China partner IPOs in Hong Kong
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