Enterprise To Buy National, Alamo Rental Car Brands

  • April 2, 2007
Enterprise Rent-A-Car has agreed to purchase Tulsa, Okla.-based Vanguard Car Rental Group, which operates the National and Alamo rental car brands that serve the airport segment of the market.

Enterprise, based in St. Louis, focuses on in-town and insurance replacement industry segments, ensuring that the merger will be complementary.

The acquisition is expected to close later this year. Financial terms were not disclosed in the announcement.

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