By on November 29th, 2013. This post currently has no responses.

Hertz Fix in Dollar Thrifty Deal Fails as Insider Warned

Hertz Fix in Dollar Thrifty Deal Fails as Insider Warned
Bloomberg News

“‘What a screw-up,’ said Allen Grunes, an antitrust lawyer at GeyerGorey LLP in Washington who wasn’t involved in the matter. “It’s a huge embarrassment that it happened this quickly.”

The bankruptcy of Advantage shows how hard it is to recreate competition after mergers in concentrated markets, said Grunes, a former attorney with the Justice Department’s antitrust division.”