Don't Count Out Avis in Dollar Thrifty Hunt - Wall Street Journal (blog)
Fri, 08 Jul 2011 20:56Dollar Thrifty's share price is floating above the value of Hertz's latest bid, in a sign that investors are betting the acquisition bidding isn't over yet. Of course, Avis is more cash-strapped now that it is committed to the Avis Europe acquisition. ...
Hertz extends deadline on Dollar Thrifty deal - Tulsa World
Tue, 12 Jul 2011 07:27That higher share price - $73.57 at Monday's close - means many investors believe there will be one or more additional offers for Dollar Thrifty, Dollarhide said. This belief continues on Wall Street despite the fact that rival Avis Budget Group ...
Deals face a hushed summer as worries mount up - Financial Times
Wed, 29 Jun 2011 21:11Avis Budget shares, for example, jumped 7.6 per cent this month when the car rental company announced a $1bn deal to buy its European counterpart, Avis Europe. “The market reaction to announced deals in many cases is positive, which is a new phenomenon ...
Avis Europe Circ re. Posting Of Scheme Document - MarketWatch (press release)
Mon, 11 Jul 2011 06:11In accordance with Rule 19.11 of the City Code, a copy of this announcement will be made available on the following website: www.avis-europe.com This information is provided by RNS The company news service from the London Stock Exchange END.
US HOT STOCKS: Microchip, Novellus Active In Late Trading - Wall Street Journal
Mon, 11 Jul 2011 21:48In May, Hertz launched an exchange offer directly to Dollar Thrifty shareholders that valued the company at $2.08 billion, or $72 a share, and consisted of 80% cash and 20% Hertz stock. It represented a counter-offer to rival Avis Budget Group's (CAR, ...