Dollar Thrifty To Help Hertz's $2.2B Buy Clear FTC

Law360, New York (May 12, 2011, 9:46 PM EDT) -- Takeover target Dollar Thrifty Group Inc. will help Hertz Global Holdings Inc. deal with antitrust regulators' objections to Hertz's proposed $2.25 billion acquisition, the car rental company said Thursday — despite its similar cooperation with Avis Budget Group Inc.

Dollar Thrifty confirmed in a statement that it will help each of its rival suitors as they try to fend off antitrust regulators concerned about the potential emergence of a car rental behemoth — but asked shareholders to wait for word from its board before they take...
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