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Getaround Launches Power Host Program for Fleet Owners
New Tool Helps Fleets Analyze EV Adoption Options
Sixt SE Announces Senior Management Succession Plan
Six Utilities Team Up To Form Regional EV Charging Network
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
Wholesale Values Continue to Climb in February