David Faber says Avis Budget's (CAR) $1B acquisition of Avis Europe means the U.S. company's...

|About: Avis Budget Group, Inc. (CAR)|By:, SA News Editor

David Faber says Avis Budget's (CAR) $1B acquisition of Avis Europe means the U.S. company's 'on-again, off-again battle' with Hertz (HTZ) to buy Dollar Thrifty (DTG) is over. The Avis Europe move comes after the FTC sent Avis Budget a divestiture proposal regarding the Dollar Thrifty deal.