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Friday, June 01, 2007
(Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO ) Franchise operations in Louisville were sold by D.J. Leasing, LLC, owned by Steven J. Sternberg. The transaction, effective June 1, 2007, includes three locations: an in-terminal location serving Louisville International Airport and two local market stores including, 3700 Crittenden Drive and 10700 Plantside Drive. Sternberg, who has been a licensee since 1967, will retain his Thrifty Truck Rental operations which will share space at the acquired local market stores.
The Knoxville, Tenn., Thrifty franchise operations were acquired from Rental Car of Knoxville, Inc., owned by William W. and Carol W. Rolen, who have been franchisees since 1993. The locations include the in-terminal facility at McGhee Tyson Airport and one inside the Marriott Hotel at 500 East Hill Road. The transaction was also effective June 1, 2007.
The Thrifty franchise operation in McAllen, Texas was acquired from Rio Grande Valley Car Rental, Inc., owned by Robert C. Vackar. The transaction, which closed April 1, 2007, includes the off-airport location serving McAllen International Airport.
The terms of each agreement were not disclosed.
Dollar Thrifty Automotive Group, Inc. (DTG) is a Fortune 1000 company headquartered in Tulsa, Oklahoma. Driven by the mission, "Value Every Time," the company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value-conscious travelers from more than 1,475 locations in 70 countries, including 836 corporate and franchised locations in the United States and Canada. The Dollar or Thrifty brands operate in virtually all of the top U.S. airport markets; both brands operate in all of the top Canadian airport markets. The company's more than 8,500 employees are located mainly in North America, but global service capabilities exist through an ever expanding franchise network. The common stock is listed on the New York Stock Exchange under the ticker symbol DTG. For additional information, visit http://www.dtag.com/. Dollar Thrifty Automotive Group CONTACT: Jason T. Logan of Dollar Thrifty Automotive Group, +1-918-669-2123
Thrifty Rent a Car - Duplicate News and Press Releases
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Dollar Thrifty Automotive Group
6050 Indian Line
Mississauga,
ON
Phone: (905) 671-7858
Toll Free: (800) 667-5925 ext. 858
Fax: (905) 612-1893