PE Firm's Stalking Horse Bid OK'd For Car Rental Co.

By Chelsea Naso (January 3, 2014, 2:22 PM EST) -- A Mississippi bankruptcy court signed off Thursday on The Catalyst Capital Group Inc.'s stalking horse bid for Advantage Rent-A-Car, calling to close a tumultuous Chapter 11 process launched by the rental car service after a lease agreement with Hertz Global Holdings Inc. went sour....

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