Dollar Thrifty

Hertz to Buy Dollar Thrifty

Image from: Car Rental / Shutterstock After two years of negotiating, Hertz is finally making it official: In a merger that will give it a combined share of about 25% of U.S. car rental market sales, Hertz Global Holdings has agreed to buy Dollar Thrifty Automotive Group for $2.3 billion.  Hertz expects at least $160 million of annual cost synergies from the transaction.  Today, Enterprise Holdings is the market leader