Hertz (HTZ) adds 19 cents to $10 after a Delaware Court denied an injunction to block the Hertz for Dollar Thrifty (DTG) deal. Some fund managers and other institutional investors were trying to block a vote, saying DTG breached their fiduciary duty by not conducting an auction and seeking a better premium for the company. The ruling clears the way for a shareholder vote and makes it less likely that HTZ will need to raise its bid. At least one investor seems to view this as bullish for Hertz and bought 10K Dec 12.5 calls at 57.5 in morning trading (but hearing they might have come back and sold 2,500…checking). Total volume in the contract is now 13.2K vs. 1,344 in open interest.