Dollar Thrifty Politely Decline Avis Budget Offer

Hi all,

I reported last week about the Budget Avis Group making a counter offer for Dollar Thrifty, the offer they made was more than the orginal offer made by Hertz. However last night the offer was rejected by Dollar Thrifty in favour of the lesser Hertz offer.dollarrentacar

The reason behind this from the Hertz point of view is that they believe their offer will have less objections from regulators due to the fact that their presence on airport is less than Avis Budget.

However from what I understand Dollar Thrifty are concerned that Avis Budget are not willing to enter in to a “reverse termination fee” where if Avis Budget were unable to or pulled out of the deal, Dollar Thrifty would be compensated. Hertz have agreed to this clause.

From what I have read, if Avis Budget agree to this addition the deal could be on.

I wait for the next instalment of the latest car hire soap opera.

Regards,

James,

U.S. Rent A Car.co.uk

 car hire USA

Related posts:

  1. Avis Budget Enter Bidding For Dollar Thrifty Car Hire Last night the Avis Budget Group entered in to the...
  2. Dollar/Thrifty sign Ford Deal Car rental company Dollar/Thrifty Automotive Group Inc??has agreed to source...
  3. My week in Car Hire, Alamo, Avis, Budget, Babies, Upgrades and Reviews Hi All, Hope you are all well. This week has...
  4. Important infomation regarding Thrifty Car Hire Hi All, Today I received this email regarding the Thrifty...
  5. New Alamo and Dollar Upgrade Special Offer Hi All, U.S. Rent A Car is happy to announce...

Related posts brought to you by Yet Another Related Posts Plugin.

Respond to this post


Bad Behavior has blocked 3430 access attempts in the last 7 days.