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What: Shares of car rental company Dollar Thrifty Automotive Group
So what: The new offer from Hertz is for a total of $72 per share consisting of $57.60 in cash and 0.8546 shares of Hertz stock. That’s more than a 30% jump from $43.60 per share in cash and 0.6366 shares of Hertz stock offered last September.
Now what: The market still doesn’t think that’s enough, with Dollar Thrifty shares jumping to $78.80 as I am writing. That might be right considering Avis Budget Group
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