U.S. Markets open in 7 hrs 15 mins

Hertz-Dollar deal approval recommended but divestitures sought, Bloomberg says

The FTC staff has recommended approval of Hertz Global's (HTZ) bid to buy Dollar Thrifty (DTG) and has sent its findings to the FTC's commissioners, according to a Bloomberg report, which cites sources. However, Hertz is being pressed to sell-off at least a dozen more airport locations than it previously agreed to, the report added.