The fate of a shareholder vote Dollar Thrifty Automotive Group Co., is still not clear Thursday afternoon at a special meeting on the bid from rival Hertz Global Holdings Inc. to drag on.
The meeting started Thursday morning in Chicago on 11 EDT, but the results are still not available as of 14:00
Dollar Thrifty Council has already said he supported the attempt to Hertz’s nearly $ 50.88 more a higher offer for each share of Avis Budget Group. Hertz said Wednesday that if he refused the offer, it will not make any other offers.
Shares of Hertz on the situation of uncertainty Thursday. The shares fell 63 cents an increase of 6 to $ 10.98 in trading Thursday, while shares of Dollar Thrifty rose 40 cents to $ 50.50. Shares of Avis 32 cents, or 2.8 percent, to $ 11.84.
The Hertz and Avis Budget Group Co. bids for more than a month Thrifty dollar that can provide customers with new entertainment. These travelers are the segment of the main market for these companies at the moment because people are still traveling, and even companies cut back.
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