- The Advantage Rent A Car brand goes for sale in bankruptcy court today after it said a lease agreement with former parent Hertz (HTZ) put it at a competitive disadvantage.
- The FTC forced Hertz to sell off Advantage as a condition for approval of a merger with Dollar Thrifty.
- A Canadian P-E firm and German car-rental company Sixt SE are expected to be bidders at the auction.
Advantage Rent A Car lands in bankruptcy auction
Dec 9 2013, 07:10 ET