Avis Budget CFO Weirdly Cites 3 Acquisitions in Process
Skift Take
You gotta love it when big companies speak of "tuck-in" acquisitions. One acquisition that Avis Budget is close to nailing would be for more than $50 million, and that's larger than its acquisition of Payless last year. Small, inconsequential stuff in the world of Avis Budget, and M&A.
It is rare indeed for a public company official to talk about acquisitions in process, but that's precisely what Avis Budget Group CFO David Wyshner did at an investor conference, outlining how the company has three tuck-in acquisitions in the works.
Speaking at the Deutsche Bank 22nd Annual Leveraged Finance Conference in Scottsdale, Arizona September 30, Wyshner said the company hopes to make the three acquisitions over the next six months, and that
