BUSINESS
Hertz prepares to file for bankruptcy, stock tanks
BUSINESS

Hertz prepares to file for bankruptcy, stock tanks

Published: May 4, 2020  |  2 min read, 315 words
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Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.. has hired an additional adviser to help prepare for a planned , according to people familiar with the matter, as the squeezes the car-rental business.Continue Reading BelowTickerSecurityLastChangeChange %HERTZ GLOBAL HLDGS2.84-0.23-7.49%The Estero, Fla., company, which missed a lease payment last week, has engaged FTI Consulting Inc. to advise on efforts to streamline operations in advance of a possible chapter 11 filing to restructure $17 billion in debt, the people said.Hertz didn't respond to a... READ MORE
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