Thursday, July 05, 2012

Dollar Thrifty Automotive Group, Inc.

On Tuesday, I picked up some Dollar Thrifty Automotive Group, Inc. (Ticker: DTG) at $82.56. Hertz Global Holdings, Inc. (Ticker: HTZ) has been pursuing this company for awhile. All indications are leading to a potential deal fairly soon. I’ve seen potential take out prices ranging from the mid $80’s to $90 plus. Time will tell…

Edit: I sold my holding in Dollar Thrifty Automotive Group today at $83.67 generating a net gain of 1.27% over a two day period.

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