New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 20, 2012
07:02 EDTHTZ, DTGHertz 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
Sign up for a free trial to see the rest of the stories you've been missing.
February 25, 2015
09:08 EDTHTZOn The Fly: Pre-market Movers
Subscribe for More Information
07:14 EDTHTZHertz reports Q4 revenue $2.55B, consensus $2.52B
Subscribe for More Information
07:12 EDTHTZHertz expects foreign currency rates to negatively impact 2015 revenue by 3%
Subscribe for More Information
07:11 EDTHTZHertz remains committed to separation of equipment rental business
Hertz remains committed to the separation of its equipment rental business and is continuing to advance those plans, although the timing of the actual separation will not occur until after the company has completed its accounting review, filed its financial statements with the SEC, and has completed the audited carve out financial statements for the equipment rental business and requisite SEC filing activities for the separation.
07:10 EDTHTZHertz: Early initiatives increase cost reduction commitment to $200M run rate
Subscribe for More Information
February 17, 2015
18:17 EDTHTZJANA Partners gives quarterly update on stakes
NEW STAKES: NCR (NCR), Liberty Ventures (LVNTA), Solarcity (SCTY), Computer Sciences Corp (CSC), Salix (SLXP), and Applied Materials (AMAT). INCREASED STAKES: Hertz (HTZ), Valeant (VRX), Walgreens Boots Alliance (WBA), Rackspace (RAX), and HD Supply (HDS). DECREASED STAKES: AIG (AIG), Actavis (ACT), Charter (CHTR), AerCap (AER), and Energy Transfer Equity (ETE). LIQUIDATED STAKES: Equinix (EQIX), Cameron International (CAM), Dollar General (DG), QEP Resources (QEP), and Amgen (AMGN).
17:06 EDTHTZIcahn gives quarterly update on stakes, takes new stake in Manitowoc
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use