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Sixt SE Announces Senior Management Succession Plan
Hertz Gets $4.2B Purchase Bid in Plan to Exit Bankruptcy

Hertz Gets $4.2B Purchase Bid in Plan to Exit Bankruptcy

The buyers, Knighthead Capital Management and Certares Management, would take at least a majority share and as much as 100% of the company. The proposed plan would pay in full all of Hertz's existing first- and second-lien debt and provide a 70% cash recovery to general unsecured creditors.

March 2, 2021

Hertz Posts Net Loss of $1.7B in 2020
TSD Extends Exclusive Provider Partnership With U-Save
Surprice Opens 4 New Locations in Greece
Europcar Announces New Capital, Initiatives, and Board of Directors