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Hertz so good

26 April 2010 By Rolfe Winkler

The $1.3 bln acquisition of its smaller U.S. car rental rival comes with just a 6 pct premium. Moreover, Hertz is using $200 mln of Dollar Thrifty s own cash to finance the deal, which nearly pays for itself with cost savings. Small wonder Hertz holders like what they see.

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