Seeking Alpha

The FTC wants more concessions out of Hertz Global (HTZ +5.3%) before it will allow the...

The FTC wants more concessions out of Hertz Global (HTZ +5.3%) before it will allow the acquisition of Dollar Thrifty (DTG +4.4%) to move forward, according to Bloomberg. Sources say the talks have turned acrimonious as the regulator presses Hertz to give up more airport locations. Shares of both companies spiked higher off of the report before easing off again.
Comments (2)
  • warrd 008
    , contributor
    Comments (15) | Send Message
     
    ...and it will get worse as an emboldened administration will ramp up its plethora of thug tactics to wring money out of any and all business ...all in slow motion so you really don't see it... until ts too late
    9 Nov 2012, 02:24 PM Reply Like
  • whiskycat26
    , contributor
    Comment (1) | Send Message
     
    I expect them to come to a conclusion by the end of next week.
    10 Nov 2012, 03:26 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs