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Nov 5 (Reuters) - Advantage Rent A Car, which Hertz Corp hived off last year as part of its deal to buy Dollar Thrifty, would be placed under Chapter 11 bankruptcy on Tuesday, as its new owners question the book value of the fleet that was causing losses. Advantage Rent A Car (“Advantage”), a portfolio company of funds managed by The Catalyst Capital Group Inc., announced today that it has entered into a definitive agreement to purchase E-Z Rent-A-Car Group Holding, LLC (“E-Z”), a leader in value FORT LAUDERDALE, FL--(Marketwired - May 01, 2014) - Advantage Opco, LLC dba Advantage Rent a Car ("Advantage") today announced they have successfully closed the purchase of specific assets of Advantage with The Catalyst Capital Group Inc. ("Catalyst") from Law360, New York (February 18, 2015, 1:00 PM ET) -- Private-equity backed Advantage Rent A Car said late Tuesday that it has agreed to acquire rival rental agency E-Z Rent-A-Car Group Holding LLC for an undisclosed amount, continuing the long-running The FSNA was helped with the acquisition of Advantage Rent-A-Car by Macquarie Capital, which gave it a range of financing and advisory services. This included negotiation strategy and structuring advice to facilitate the move. Additionally, Macquarie Months after its spinoff from Hertz Global Holdings Inc., Advantage Rent a Car is asking federal regulators to approve its sale to a new owner. The Federal Trade Commission on Tuesday began seeking public comment on Catalyst Capital Group Inc.’s bid to .
The Auto Pros site can generate the best temporary insurance rates for people driving rental vehicles. Advantage Rent A Car will file for bankruptcy after the lease agreements that supplied its cars were terminated by Hertz Global Holdings Inc, the Chicago Advantage Rent A Car has agreed to buy a fellow economy brand, E-Z Rent-A-Car Group, for an undisclosed amount. Advantage said the combined company will have a presence at 22 U.S. airports. Advantage and E-Z will continue to operate as separate brands. To preserve competition in the rental car business when No. 2 Hertz wanted to buy No. 4 Dollar Thrifty, U.S. regulators had a fix. Industry veteran Sandy Miller warned them it would blow up. He was right. Miller had an inside view. When the Federal Trade Advantage Rent A Car is courting business travelers from small and midsize companies with a recently launched corporate rate program. The car rental company in recent months launched Advantage for Business, which offers a flat pricing structure and other .
Abilene Kansas Attractions By 3.bp.blogspot.com
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