Mergers and Acquisitions Review: Dollar Thrifty Goes Forward With Hertz, Columbia & West Coast Merge
Dollar Thrifty Automotive Group Inc. (NYSE:DTG) says that the go-shop period for its linkup with Hertz Global Holdings, Inc.(NYSE:HTZ) has expired without new bidders. The acquisition will now go forward with a tender offer from Hertz expiring at 12:00 AM on October 5th.
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Columbia Banking System, Inc. (NASDAQ:COLB) and West Coast Bancorp (NASDAQ:WCBO) will effect a merger in a transaction valued at approximately $506 million. The unified entity would hold almost $7.2 billion in assets along with more than 150 branches in the Pacific Northwest.
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