Dollar Thrifty told Hertz and Avis Budget to submit their best and final proposals.In the end Dollar Thrifty combined with one of the companies in a(n)
A) acquisition by Hertz.
B) merger.
C) joint venture.
D) acquisition by Avis Budget.
E) strategic alliance.

Question

Quizplus · Accepted Answer

Dollar Thrifty combined with either Hertz or Avis Budget through a merger, as they asked both companies to submit their best and final proposals. A merger involves the combining of two or more companies to form a new entity, which would be the case for Dollar Thrifty and either Hertz or Avis Budget.

Dollar Thrifty Told Hertz and Avis Budget to Submit Their