Hertz übernimmt Dollar Thrifty für 2,6 Milliarden US-Dollar

Bloomberg meldet die Übernahme von Dollar Thrifty durch Hertz

Mit einem Kaufpreis von 2,6 Milliarden US-Dollar beendet Hertz damit die jahrelangen Verhandlungen um Dollar Thrifty. Das jetzt vorliegende Angebot seitens Hertz ist doppelt so hoch wie in der vergangenen Bieterrunde, an der auch die Avis Budget Group beteiligt war. Seitens beider Unternehmen ist die Übernahme beschlossen, man warte nun auf die Genehmigung der Federal Trade Commission.

Gleichzeitig wurde der Verkauf der Marke Advantage angestoßen, der Kaufpreis liegt bei rund 16 Millionen US-Dollar.

Weitere Infos bei Bloomberg News

Neuigkeiten in Sachen Zusammenschluss von Hertz und Dollar Thrifty:
Die U.S. Federal Trade Commission hat ihre Zustimmung gegeben.

Für die genauen Details zu dieser Zustimmung haben wir hier die Pressemitteilung von Hertz Global für euch:

Hertz Obtains FTC Clearance For Dollar Thrifty Acquisition

PARK RIDGE, N.J., Nov. 15, 2012 /PRNewswire/ -- Hertz Global Holdings, Inc. (HTZ) today announced that it has reached an agreement with the U.S. Federal Trade Commission (FTC) allowing Hertz to complete its acquisition of Dollar Thrifty Automotive Group, Inc. (DTG). Under the terms of the proposed consent order that was approved by the FTC for public comment, Hertz is required to divest its Advantage business, selected airport concessions and certain other assets following the closing of the acquisition.

The combination of Hertz and Dollar Thrifty will create a global, multi-brand rental car leader offering customers a full range of rental options through its strong premium and value brands. Hertz will provide Dollar Thrifty with the resources to expand its value leisure focused brands in key car rental markets around the world, while Dollar Thrifty will provide Hertz instant scale with two new, well-established brands with airport concession infrastructure in the mid-tier value segment.

As previously announced, Hertz has reached an agreement to sell certain assets, to Adreca Holdings Corp. ("Adreca"), a subsidiary of Macquarie Capital which is operated by Franchise Services of North America Inc., an experienced operator of car rental brands, including U-Save Car & Truck Rental®, Rent-a-Wreck of Canada, Practicar and Xpress Rent A Car. Hertz has also agreed to use its commercially reasonable efforts to ensure that Adreca at 13 locations and either Adreca or another third party at an additional 13 locations, has the right to an on-airport operation. Hertz hopes to be able to continue operating both the Dollar and Thrifty brands on airport at a number of these airports.

Approval of the proposed consent order effectively completes the review of the transaction by the FTC. The closing of the previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty for $87.50 per share is also subject to customary terms and conditions, including the acquisition by Hertz of a majority of the outstanding shares of Dollar Thrifty common stock on a fully diluted basis. The tender offer is scheduled to expire at 5:00 p.m., New York City time, on November 16, 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 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 Incorporated, the Information Agent for the offer, toll-free at (877) 456-3507.

Pressemitteilung Hertz Global Holdings vom 15.11.12

Um es kurz zu machen... "Es ist vollbracht"!

Hier die finale Meldung zur Übernahme von Dollar Thrifty durch Hertz:

Hertz Completes Acquisition Of Dollar Thrifty

PARK RIDGE, N.J., Nov. 20, 2012 /PRNewswire/ -- Hertz Global Holdings, Inc. (HTZ) announced today that it has successfully completed its previously announced acquisition of Dollar Thrifty Automotive Group, Inc. (DTG). As a result of the transaction, Dollar Thrifty has become a wholly owned subsidiary of Hertz.

Hertz Chairman and Chief Executive Officer, Mark P. Frissora said: "In the 94-year history of Hertz, our employees and business partners have never been this excited. Over the past six years, we have competed successfully with only one global premium brand in place while our competitors have had multiple brands to work against us. Starting today, we now have two additional, popular brands to compete across multiple market segments, with plans to offer them to our many partners and customers. That's why we are pleased to announce that the transaction is complete, and we look forward to working expeditiously with Dollar Thrifty to integrate the strengths of our two great companies."

Hertz completed a tender offer in which it purchased approximately 99.6% of the shares of Dollar Thrifty common stock then outstanding at $87.50 per share in cash.

Hertz subsequently acquired the remaining shares of Dollar Thrifty common stock by means of a short-form merger in which such shares were converted into the right to receive the same $87.50 per share in cash that will be paid in the tender offer. In order to accomplish the short-form merger, Hertz exercised its "top-up" option to purchase additional shares of Dollar Thrifty common stock directly from Dollar Thrifty. Dollar Thrifty's common stock will no longer be listed on the New York Stock Exchange.

On November 20, 2012, Hertz posted to its website a summary of the divestiture agreement that Hertz entered into with the Federal Trade Commission in connection with the acquisition of Dollar Thrifty, a list of related frequently asked questions and PowerPoint slides.