Seeking Alpha

Hertz (HTZ) will gain regulatory approval by Friday to buy Dollar Thrifty (DTG) after striking a...

Hertz (HTZ) will gain regulatory approval by Friday to buy Dollar Thrifty (DTG) after striking a deal to exit airports which include high-profile LaGuardia in NYC. As part of the regulatory matrix, the company will reportedly have to give up counter space at locations where buying Dollar reduces consumer options to three even after factoring in the sale of Advantage. HTZ -0.1% premarket, DTG +0.3%. (Previous on HTZ-DTG marriage)
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