When COVID-19 brought travel to a halt, Hertz lost its revenue stream, forcing the company into bankruptcy. Now the auto rental giant is looking to sell off much of its 700,000 vehicle fleet after the SEC shot down its plan to issue $500 million worth of new stock.
When COVID-19 brought travel to a halt, Hertz lost its revenue stream, forcing the company into bankruptcy. Now the auto rental giant is looking to sell off much of its 700,000 vehicle fleet after the SEC shot down its plan to issue $500 million worth of new stock.
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