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News Stories (7 Results) - Hertz Global Holdings

Hertz Global Holdings announced the composition of its new Board of Directors whose term is effective with the Company's successful completion of its restructuring and emergence from Chapter 11. The new Board will initially include eight members with... Read Story
July 02, 2021, 07:11 AM

Creditors to be paid in full and existing shareholders to receive more than $1 billion of value.Hertz Global Holdings announced that the Bankruptcy Court confirmed the Company's Plan of Reorganization (the "Plan"). The Plan unimpairs all classes of... Read Story
June 14, 2021, 07:20 AM

Hertz Global Holdings announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of... Read Story
May 14, 2021, 07:16 AM

Hertz Global Holdings selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC (collectively, the "Sponsorship Group") to provide the equity capital required to fund Hertz's exit from... Read Story
April 07, 2021, 06:55 AM

Hertz Global Holdings announced it has made all of the required court filings in its Chapter 11 case needed to continue the process it initiated at the beginning of March 2021 to exit Chapter 11 in June 2021. The filings also report on the status of... Read Story
April 01, 2021, 07:21 AM

Hertz Global Holdings Inc. has received interest from several potential buyers for its Donlen fleet business and is considering a sale if it can get at least $1 billion, according to people familiar with the matter, Bloomberg reported.Hertz filed for... Read Story
September 02, 2020, 07:22 AM

Bloomberg reported Element Financial is looking for more deals after announcing a $6.9 billion acquisition of GE Capital’s fleet business.According to the Bloomberg report, Element Chief Executive Officer Steve Hudson said he’s eyeing Hertz Global... Read Story
June 30, 2015, 07:16 AM