Business
Hertz Shares Surge on Sale to Knighthead
In a deal that hands a huge victory to shareholders of bankrupt Hertz Global Holdings Inc., the car renter picked Knighthead Capital Management and Certares Management to buy the company out of Chapter 11, capping a dramatic brawl for control of the company.
Katherine Doherty and Allison McNeely | Bloomberg News
May 12, 2021Follow Us
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