Avis Budget Pulls Offer to Acquire Dollar Thrifty

Rental car companies have been kicking up consolidation efforts in recent years. The long drawn-out saga of who will acquire Dollar Thrifty, Hertz or Avis Budget (is it just me, or are these rental car companies starting to sound like they are law firms?) is possibly near a conclusion. Avis Budget has bowed out of its bid for Dollar Thrifty, leaving only Hertz with an offer on the table (currently valued at roughly $2 billion).

For more on this: http://finance.yahoo.com/news/Avis-Budget-drops-bid-for-apf-768555982.html?x=0