Getting your player ready...
TULSA, Okla. — Dollar Thrifty Automotive Group Inc. rebuffed a counteroffer from Avis Budget Group Inc. on Tuesday afternoon, saying it would continue with a competing acquisition bid by Hertz Global Holdings Inc.
But in a letter to Avis Budget, executives at Dollar Thrifty didn’t shut the door on talks with its suitor, either. “We stand ready to review and consider any modifications you may wish to make to your proposal,” Dollar Thrifty president and chief executive Scott Thompson wrote to the head of Avis Budget.
