FTC approves Hertz takeover of Tulsa-based Dollar Thrifty

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Copyright 2011 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 11/15/2012

TULSA - Dollar Thrifty has been officially sold.

The Federal Trade Commission approved Hertz's takeover of the Tulsa-based company Thursday.

In August, Hertz offered to buy the company for $2.3 billion after a 2-year pursuit of the car rental group.

Dollar Thrifty has nearly 800 employees in Tulsa. No word yet on what's going to happen to those workers.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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