Hertz Global Holdings
HTZ today announced that it has extended the expiration date of its
previously announced cash tender offer to purchase all outstanding shares of
common stock of Dollar Thrifty Automotive Group, Inc. DTG for $87.50
per share. The tender offer is now scheduled to expire at 5:00 p.m., New York
City time, on October 22, 2012, unless further extended in accordance with the
merger agreement and the applicable rules and regulations of the U.S.
Securities and Exchange Commission (SEC). The tender offer was previously
scheduled to expire at 12:00 midnight, New York City time, on October 5, 2012.
(Logo: http://photos.prnewswire.com/prnh/20121005/NY87355LOGO )
Except for the extension of the tender offer expiration date, all other terms
and conditions of the tender offer remain unchanged. The depositary for the
tender offer has advised Hertz that, as of the close of business on October 4,
2012, approximately 6,570,988 shares of Dollar Thrifty common stock have been
tendered into and not withdrawn from the tender offer (which includes shares
subject to guaranteed delivery procedures).
The tender offer statement and related materials have been filed with the SEC.
Dollar Thrifty stockholders who need additional copies of the tender offer
statement and related materials or who have questions regarding the offer
should contact Innisfree M&A Incorpor
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