Hertz tanks 29% on reports it could file for bankruptcy as coronavirus pummels travel industry (HTZ)

Hertz tanks 29% on reports it could file for bankruptcy as coronavirus pummels travel industry (HTZ)

Hertz tanks 29% on reports it could file for bankruptcy as coronavirus pummels travel industry (HTZ)

  • Hertz missed a lease payment on Monday, The Wall Street Journal reported on Wednesday.
  • The company said its advisers are negotiating with holders and senior lenders of its vehicle finance subsidiary’s notes with the goal of reducing payment…

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