Anyone here believe we get higher takeout price? Seems suspicious that they would announce this right at the first day of the year...Many firms would like their customer base as it gives them the advantage in this particular business model. Thoughts here....
seems odd that it would close at $12.24 when the deal won't be closed for 3 months and has not been approved by gov't. The SEC filing indicated 2 other bidders; one at $10 and another at $11 Maybe they are reconsidering
I got out at this point, better things to do with my money than wait on the fantasy of a higher price. There just aren't that many big rental car companies (the obvious acquirers) and most of the others have their own car sharing schemes in place.