Hertz Suspends Sale of ‘Worthless’ Stock Amid SEC Scrutiny – Yahoo Finance

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Hertz Suspends Sale of ‘Worthless’ Stock Amid SEC Scrutiny – Yahoo Finance

(Bloomberg) — Hertz Global Holdings Inc. suspended plans to raise cash by selling new shares that the bankrupt car renter described as potentially “worthless” after its proposal failed to pass muster with regulators.The company halted sales while it deals wi…
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