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Hertz Terminates Plan For $1B Stock Sale In Del. Ch. 11

By Jeff Montgomery ( June 18, 2020, 6:57 PM EDT) -- Hertz Global Holdings Corp. late on Thursday dropped its plan to issue up to $1 billion in new and potentially doomed stock to finance its global business and Chapter 11 bankruptcy case in Delaware, days after the U.S. Securities and Exchange Commission said the agency planned to review the proposal....

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