Hertz files for bankruptcy after rental-car demand vanishes

  • Thread starter JACK PITCHER and DAVID WELCH
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JACK PITCHER and DAVID WELCH

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The Chapter 11 filing allows Hertz to keep operating while it devises a plan to pay its creditors and turn around the business. The action includes the company’s U.S. and Canadian subsidiaries, but doesn’t cover Europe, Australia and New Zealand.




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