Hertz was granted approval Friday by the U.S. Bankruptcy Court for the District of Delaware to sell up to $1 billion in shares of the bankrupt car rental company.
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020.was granted approval Friday by the U.S. Bankruptcy Court for the District of Delaware to sell up to $1 billion in shares of the bankrupt car rental company.
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Bankrupt Hertz Wants to Sell Up to $1 Billion in New SharesRental-car company Hertz Global Holdings wants to capitalize on the rally in its stock seen earlier this week by selling up to $1 billion in shares, despite a bankruptcy that threatens to wipe them out.
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Bankrupt car rental firm Hertz to offer up to $1 billion in sharesCar rental firm Hertz Global Holdings Inc said it would sell up to $1 billion in shares, cashing in on a huge speculative rise in its share price since filing for bankruptcy late last month.
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Bankrupt Hertz Seeks Permission To Raise $1 Billion In Preposterous New Stock SaleHertz Global Holdings asked the court overseeing its Chapter 11 bankruptcy reorganization to authorize a stunning plan to raise $1 billion by selling 246.8 million new share
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Hertz stock price soars 68% on plan to sell $1 billion in new shares - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Hertz is looking to raise $1 billion in a share sale to capitalise on its almost 1000% market rally in the days since filing for bankruptcy | Markets InsiderHertz is looking to raise $1 billion in a share sale after its bankruptcy, the Wall Street Journal reported Thursday. The car rental company is ...
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