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Hertz delays closing of Dollar Thrifty deal

By Washington Examiner
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PARK RIDGE, N.J. (AP) — Hertz Global Holdings Inc. said on Thursday that it won’t close the deal to buy rival rental car company Dollar Thrifty before Nov. 16.

Previously the company said it wouldn’t close the acquisition before Oct. 31, but the term was extended because the Federal Trade Commission requested more time to review the deal, Hertz said in a statement.

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