Dollar Rent A Car Purchases Atlanta Locations
1 September 2000
Dollar Rent A Car Purchases Atlanta LocationsTULSA, Okla., Sept. 1 Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc. , today announced it has agreed to purchase the DOLLAR(R) locations in Atlanta, Ga., from its licensee, Wilstemar, Inc., for an undisclosed price. In addition to an in-terminal location at Hartsfield Atlanta International Airport, the acquisition also consists of a city location in Atlanta. The acquisition includes the franchise rights and the fixed assets, and is scheduled to close on September 1, 2000, subject to certain conditions. "This purchase is consistent with our strategy to be a corporate presence in the top 50 U.S. markets, Gary Paxton, President, said. "Hartsfield Atlanta International Airport is known as the world's busiest airport, and the purchase of the in-terminal location as well as the city location complements the more than 100 corporate-owned DOLLAR locations in the United States."