Avis Budget Group Inc. offered $1.33 billion for Dollar Thrifty Automotive Group Inc.
TULSA — Avis Budget Group Inc. offered $1.33 billion for Tulsa-based Dollar Thrifty Automotive Group Inc. Wednesday, a bid that tops Hertz Global Holdings Inc. 's pending $1.2 billion deal.
Parsippany , N.J. -based Avis said it would pay $46.50 a share, which would include $39.25 in cash and 0.6543 of an Avis share for each Dollar Thrifty share. Hertz made its offer in April, proposing a package wo...
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