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Hertz files for bankruptcy after rental-car demand vanishes

Posted on Fri, 22nd of May, 2020 19:52:45 UTC

The Chapter 11 filing allows Hertz to keep operating while it devises a plan to pay its creditors and turn around the business. The action includes the company’s U.S. and Canadian subsidiaries, but doesn’t cover Europe, Australia and New Zealand. ... read news

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