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Vanguard Car Rental Group Inc

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March 31, 2007 | From Reuters
Enterprise Rent-A-Car Co. said Friday that it had agreed to buy Vanguard Car Rental Group Inc., the parent of National Car Rental and Alamo Rent A Car, combining the largest and fourth-largest U.S. car rental companies by revenue. Terms were not disclosed. Enterprise generated $7 billion in revenue from U.S. rentals in 2006, while Vanguard generated $2.14 billion, according to trade publication Auto Rental News. The combined company would have more than 1 million vehicles. Avis Budget Group Inc.
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BUSINESS
March 31, 2007 | From Reuters
Enterprise Rent-A-Car Co. said Friday that it had agreed to buy Vanguard Car Rental Group Inc., the parent of National Car Rental and Alamo Rent A Car, combining the largest and fourth-largest U.S. car rental companies by revenue. Terms were not disclosed. Enterprise generated $7 billion in revenue from U.S. rentals in 2006, while Vanguard generated $2.14 billion, according to trade publication Auto Rental News. The combined company would have more than 1 million vehicles. Avis Budget Group Inc.
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