Sarraf Gentile Announces Investigation into the Sale of Dollar Thrifty Automotive Group

NEW YORK--Sarraf Gentile LLP announces that it is investigating the sale of Dollar Thrifty Automotive Group  to Hertz Global Holdings, Inc. . According to the agreement, Dollar Thrifty shareholders will receive $41.00 per share (80% in cash and 20% in Hertz stock) in a transaction valued at approximately $1.17 billion. This represents a 5.5 percent premium over the closing price on April 23, 2010, before the deal was announced.

The firm is investigating whether the board of directors of Dollar Thrifty breached their fiduciary duties by entering into the agreement. If you are a Dollar Thrifty shareholder and want to discuss your legal rights, at no cost and without obligation, please contact Joseph Gentile at Sarraf Gentile LLP (telephone: 212-868-3610; e-mail: joseph@sarrafgentile.com).

Sarraf Gentile LLP has extensive experience litigating shareholder class actions across the United States and has recovered millions of dollars on behalf of injured shareholders.

ATTORNEY ADVERTISING. Prior results do not guarantee a similar outcome.