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Used Cars

Hertz gets sweetened Knighthead offer in brawl to buy renter

Hertz
(BLOOMBERG/Bloomberg)
KD
By:
KATHERINE DOHERTY
B
By:
Bloomberg
|
May 03, 2021 04:00 PM

Investment firms Knighthead Capital Management and Certares Management submitted a sweetened offer to buy Hertz Global Holdings Inc. out of bankruptcy in a deal that could see equity investors recover $2.25 a share.

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