Wednesday, August 4, 2010

Dollar Thrifty Assesses Avis Budget Proposal in Aug. 3 Letter - News - Auto Rental News

In regards to the Hertz merger, Dollar Thrifty takes issue with "Avis Budget's unwillingness to provide a reverse termination fee," which DTAG interprets as a "lack of confidence by Avis Budget in its position" in regards to its ability to remediate any competitive issues and antitrust risks.

Below is a link to the full text of the letter sent by Scott L. Thompson, Dollar Thrifty's President and Chief Executive Officer, to Ronald L. Nelson, Avis Budget's Chairman and Chief Executive Officer.

News - Auto Rental News
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