SEC Puts Damper on Hertz Plan to Sell Possibly 'Worthless' Stock

SEC Puts Damper on Hertz Plan to Sell Possibly 'Worthless' StockAfter a tumultuous few months, Hertz now has another wrench thrown into its works. Unable to endure the coronavirus pandemic, the car rental company filed for bankruptcy protection last month, then noted Monday in a government filing that it planned to sell $500 million in common stock—all while warning…


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