Avis' (CAR +7.7%) effort to trump archrival Hertz's (HTZ +4.6%) $940M bid for Dollar Thrifty...

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

Avis' (CAR +7.7%) effort to trump archrival Hertz's (HTZ +4.6%) $940M bid for Dollar Thrifty (DTG +3.1%) faces a rough road. The recent economic instability has made financing more expensive and Avis' sagging share price could make a bid more difficult to achieve. Dollar Thrifty has already raised red flags about Avis' ability to raise the necessary cash.