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.
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