Orders Hertz Global Holdings, Inc
156 F.T.C. 624 · Docket C-4376 · Decided · Final order or decision
Cite this decision
Orders Hertz Global Holdings, Inc, 156 F.T.C. 624 (2013). Consumer Law Library, https://consumerlawlibrary.org/decisions/v156-0017s1
Decision id v156-0017s1
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ORDERS
HERTZ GLOBAL HOLDINGS, INC.
Docket No. C-4376. Order, July 11, 2013 Commission letter approving an acquirer for the divestiture of certain assets in connection with the acquisition of Dollar Thrifty by Hertz Global Holdings.
LETTER ORDER APPROVING DIVESTITURE
Michael H. Knight, Esq.
Jones Day Dear Mr. Knight:
The Commission has issued its final Order in this matter, modified to incorporate changes that Hertz Global Holdings, Inc., Financial Services of North America, and Macquarie Capital have agreed to, and has added to Confidential Appendix H of the Order the amended agreements between The Hertz Corporation (“Hertz”) and Adreca Holdings Corp. (“Adreca”) for the divestiture of the DTAG Assets To Be Divested and the Additional Assets To Be Divested pursuant to Paragraphs II.A.2 and II.A.3 of the Decision and Order, all of which you submitted as a complete Confidential Appendix H on May 14, 2013. The Commission has also approved the divestiture to Adreca of the Additional Assets To Be Divested pursuant to Paragraph II.A.3 of the Decision and Order, pursuant to the Divestiture Agreement, as amended. In according its approval, the Commission has relied upon the information submitted and representations made in connection with the proposed divestiture, and has assumed them to be accurate and complete. By direction of the Commission, Commissioner Wright not participating.
Interlocutory Orders, Etc.