PARK RIDGE, N.J. -

For the second time, Hertz Global Holdings extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group.

Now the deadline is 5 p.m. ET next Friday. The tender offer was previously scheduled to expire at 5 p.m. ET on Monday.

Officials said the deadline stands unless further extended in accordance with the merger agreement and the applicable rules and regulations of the U.S. Securities and Exchange Commission.

Except for the extension of the tender offer expiration date, officials said all other terms and conditions of the tender offer remain unchanged. The depositary for the tender offer has advised Hertz that, as of the close of business last Friday, approximately 8,939,401 shares of Dollar Thrifty common stock have been tendered into and not withdrawn from the tender offer (which includes shares subject to guaranteed delivery procedures).

As previously announced on Oct, 18, Hertz agreed to extend the term of its timing agreement with the Federal Trade Commission until 11:59 p.m. next Thursday. The company pointed out the tender offer is now scheduled to expire on the same date as the timing agreement.

Hertz indicated the tender offer statement and related materials have been filed with the SEC. Dollar Thrifty stockholders who need additional copies of the tender offer statement and related materials or who have questions regarding the offer can contact Innisfree M&A, the information agent for the offer, at (877) 456-3507.

Hertz also announced on Monday that its wholly-owned subsidiary, HDTFS, Inc. (the escrow issuer) has extended the escrow arrangements for its $700 million aggregate principal amount of 5.875 percent senior notes due 2020 and $500 million aggregate principal amount of 6.250 percent senior notes due 2022.

Official noted proceeds from the offering of the notes (plus an amount equal to the interest that would accrue on the notes from the date of issuance to, but excluding, Nov. 24,) were deposited into an escrow account to be held until the date on which certain escrow conditions are satisfied, including:

—The substantially concurrent consummation of the tender offer
—Assumption of the escrow issuer's obligations under each series of notes by Hertz.

Officials said the escrow issuer extended the outside date of the escrow arrangements to Nov. 30 and is permitted to further extend the outside date up to Feb. 26.

“In connection with the extension, the escrow issuer has deposited additional funds into the escrow account in an amount equal to the interest that would accrue on the notes from Nov. 24 to, but excluding, Dec. 10, the redemption date associated with the new outside date of Nov. 30,” Hertz said.