Hertz has made another offer for Dollar Thrifty rental car and it’s a good fit for Hertz because Hertz does a lot of business rentals. Dollar Thrifty’s clientele is largely the “leisure traveler”. Dollar Thrifty stock has been on a wild ride and if you got in at the right time, you’ve made a killing! Just over 27 months ago Dollar Thrifty stock was trading at one dollar per share. Last year Hertz made an offer for the company at about forty dollars a share, and upped it to fifty dollars before walking away. Their new offer is at seventy-two dollars a share, and of course if AVIS gets involved again it could go higher! So yeah…you could have turned $1 into $72 in less than two and a half years.
Brainteaser…
June 14, 2011Here’s a brainteaser for you…
What do the following American brands have in common?
- Holiday Inn
- Trader Joe’s
- 7-Eleven
- Budweiser
- Toll House Cookies
(See answer below)
Answer:
None of these so-called “American” brands is American, at least not any more: Holiday Inn – owned by Intercontinental Hotels, headquartered in England; Trader Joe’s – owned & operated by a family trust of German billionaire Theo Albrecht; 7-Eleven – owned by Seven & I Holdings, a Japanese company; Budweiser – acquired by InBev, based in Belgium; Toll House Cookies – owned by Nestle, a company based in Switzerland.
What are your plans for Memorial Day?
May 20, 2011… here is an option. This should be a great event. If you have a family member who is a Vet or a neighbor who servedhis or her country… this is your chance to say “Thank You.” Make sure you RSVP… space is limited.
