Hertz Bankruptcy Court Approves $1B Stock Sale
Hertz says the recent increases in its stock “present a unique opportunity for its debtors to raise capital on terms that are far superior to any debtor-in-possession financing.”
June 12, 2020
Hertz says the recent increases in its stock “present a unique opportunity for its debtors to raise capital on terms that are far superior to any debtor-in-possession financing.”
June 12, 2020
The potential delisting pertains to New York Stock Exchange regulations that require the average daily closing price of the company’s stock to be more than $1 a day over a consecutive 30-day trading period.
June 10, 2020