Blog

Home/News/Bankrupt Hertz wins approval to offer up to $1 billion in shares

Bankrupt Hertz wins approval to offer up to $1 billion in shares

A bankruptcy judge on Friday approved Hertz Global Holdings Inc’s proposal to sell up to $1 billion in shares, as the car rental firm looks to cash in on a huge speculative rise in its share price since filing for bankruptcy late last month.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300