Avis Budget offers $1.3bn for Dollar Thrifty

The battle for the Oklahoma car-rental operator intensifies with the New Jersey-based group making a cash-and-shares bid valued at $46.50 a share – a 17% premium to Hertz’s proposal

Read the full story on the Financial Times

Financial Times

The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed at 23 print sites across the globe, and has a readership of 1.3 million people worldwide in print and online.

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