Hertz’s Dilemma to Elevate Cash Whereas in Chapter


Hertz has been hit onerous throughout the pandemic, together with grappling with how finest to lift cash to assist it out of chapter. Skift

Skift Take: The pandemic slowdown in journey was the ultimate straw for Hertz, forcing it out of business safety. However the risky inventory market and the temptation to lift money via a brand new inventory sale added one other layer of duress for the large automobile rental outfit.

— Tom Lowry

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