Filed under: Earnings/Financials,Etc.
Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business. Hertz and its subsidiaries will continue to operate, according to a release from the company. Hertz's principal international operating regions and franchised locations are not included in the filing, the statement said.
Continue reading Hertz files for Chapter 11 bankruptcy protection
Hertz files for Chapter 11 bankruptcy protection originally appeared on Autoblog on Sat, 23 May 2020 09:15:00 EDT. Please see our terms for use of feeds.
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