Hertz Extends Exchange Offer to Acquire Dollar Thrifty
/PRNewswire/ -- Hertz Wide-ranging Holdings, Inc. (NYSE: HTZ) ("Hertz") today announced that it has extended the discontinuation date of its exchange offer for all outstanding shares of Dollar Penny-pinching Automotive Group, Inc. (NYSE: DTG) ("Dollar Frugal") for $57.60 in cash and 0.8546 shares of Hertz vulgar stock. The exchange offer and withdrawal rights are now scheduled to breathe out at 12:00 midnight, New York City all together, on September 9, 2011, unless further extended. The Wall Street offer was previously scheduled to expire at 12:00 midnight, New York New Zealand urban area time, on August 5, 2011.Except for the extension of the exchange put forward expiration date, all other terms and conditions of the change offer remain unchanged. As of the join of business on August 5, 2011, approximately 2,664,436 shares of Dollar Prudent common stock had been tendered into and not withdrawn from the Wall Street offer.
Stockholder questions regarding the the Board offer or requests for exchange offer documents may be directed to Hertz's facts agent for the exchange offer, Innisfree M&A Incorporated, impost-free at (877) 456-3507. Stockholder questions on the exchange offer may also be directed to Hertz's trade manager for the exchange offer, Barclays Main, toll-free at (888) 610-5877.
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