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June 12, 2020 11:17 pm GMT

Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with an appetite for short-term speculative bets. The decision Friday by the U.S. Bankruptcy Court for the District of […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lR3ycpFsHug/

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