Hertz bids on dollar thrifty again

[centsgirl]

Hertz Global Holdings Inc is back in the market for smaller car rental firm Dollar Thrifty , offering almost $2.1 billion, taking advantage of rival Avis Budget's problems getting regulatory clearance for a rival bid.

Hertz first time they bidded for Dollar Thrifty was in April, 2010, but after a bidding war with Avis, the offer was voted down by the Dollar Thrifty shareholders back in September.

Hertz's second bid for Dollar Thrifty comes at a time when the car rental industry is seeing demand improving, helped by a rebound in the travel and tourism business.People would rather use a rental car then abusing their own auto.