Dollar Thrifty's board said it continues to prefer Hertz's takeover proposal, valued at $1.53 billion, over Avis's slightly higher offer, mainly because of a built-in breakup fee.
WSJ.com: What's News US, Wall Street Journal
Mon, 09/27/2010 - 7:11am
Dollar Thrifty's board said it continues to prefer Hertz's takeover proposal, valued at $1.53 billion, over Avis's slightly higher offer, mainly because of a built-in breakup fee.