Acquisition of Dollar Thrifty to boost companys total debt by up to 28%.
By Krista Giovacco and David Holley, Bloomberg|August 28, 2012 at 08:19 AM
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Hertz Global Holdings Inc.’s $2.6 billion purchase of Dollar Thrifty Automotive Group Inc. will increase total debt by as much as 28 percent and delay the junk-rated company’s long-sought ascent to investment grade.
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