[Mb-civic] NYTimes.com: Private Investors to Buy Hertz for $15 Billion

[ialterman at nyc.rr.com]

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Lookie, lookie who one of the investors is: The Carlyle Group. Keep in mind that they do not do ANYTHING without a reason...and that reason is never simply "money." Peace.


BUSINESS | September 9, 2005
Private Investors to Buy Hertz for $15 Billion
By ANDREW ROSS SORKIN
In one of the largest leveraged buyouts in more than a decade, the Ford Motor Company yesterday agreed to sell Hertz, the nation's largest rental car company, to a consortium of private investors for about $15 billion in cash and debt, executives involved in the negotiations said.
http://www.nytimes.com/2005/09/09/business/09hertz.html?ex=1126929600&en=75562f573f47b704&ei=5070&emc=eta1



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