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This is not good news if you rent cars when you travel, as the number of companies continues to shrink.
Dollar Thrifty Automotive Group on Tuesday said it is prepared to entertain an offer from Avis Budget Group to buy the car rental company.
Dollar Thrifty was responding to a May 3 letter in which Avis Budget CEO Ronald Nelson wrote that Avis Budget was prepared to make
a "substantially higher offer" than Hertzís for Dollar Thrifty.
On April 26, Dollar Thrifty agreed to be acquired by Hertz for $41 per share, or about $1.17 billion in cash and stock.
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