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Dollar-Thrifty-Hertz?

Started by sgrizzle, October 15, 2008, 07:57:38 AM

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Hoss

Quote from: Conan71 on May 03, 2010, 01:37:51 PM
I think he's referring to 51st & 129th out by State Farm

Yep, my neighbors (I work out there).

nathanm

Quote from: stageidea on May 03, 2010, 10:02:00 AM
Looks like Avis is wanting to put a bid down for Dollar Thrifty:
I have a sneaking suspicion that they don't actually want DTAG, but just want to drive up the price Hertz pays. Avis already has a downmarket brand.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

TUalum0982

Quote from: nathanm on May 03, 2010, 04:06:22 PM
I have a sneaking suspicion that they don't actually want DTAG, but just want to drive up the price Hertz pays. Avis already has a downmarket brand.

My thoughts exactly.  There is a clause in the contract between Hertz and DTAG that says if either pulls out of the deal, they would have to pay the other one I believe somewhere in the neighborhood of 44million and there was another % of something in there as well that would be owed.  Should be interesting none the less.
"You cant solve Stupid." 
"I don't do sorry, sorry is for criminals and screw ups."