On Jan. 7, 2014, the U.S. Federal Trade Commission announced that it is seeking public comment through Jan. 22, 2014, on a Canadian private equity firm’s bid to acquire Advantage Rent a Car out of bankruptcy. Advantage was owned by Hertz Global Holdings, Inc., until late 2012, when Hertz sold Advantage in order to resolve charges by the FTC that Hertz’s acquisition of competing rental car company Dollar Thrifty Automotive Group, Inc. would have been anticompetitive.
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