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Dollar Thrifty Automotive Group Inc. (DTG)



Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Dollar Thrifty Automotive Group Inc. (DTG)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Dollar Thrifty Automotive Group Inc. (“Dollar Thrifty” or the “Company”) (NYSE: DTG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Hertz Global Holdings, Inc. (NYSE: HTZ) in an all-cash deal valued at approximately $2.3 billion. Under the terms of the proposed transaction, Dollar Thrifty stockholders will receive $87.50 in cash for each share of Dollar Thrifty they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $100.00 for Dollar Thrifty.

Whether Dollar Thrifty’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Dollar Thrifty’s shares and by how much this proposed transaction undervalues the Company to the detriment of Dollar Thrifty’s shareholders are the key focus of this investigation.

If you own common stock in Dollar Thrifty and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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    Dollar Thrifty Automotive Group Inc. (DTG)

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


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