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Saturday, May 23, 2020

Hertz Car Rental in Europe, Australia, New Zealand not bankrupt

Hertz Car Rental in Europe, Australia, New Zealand not bankrupt Hertz Global Holdings, Inc today announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company’s revenue and future […] - eTurboNews | Trends | Travel News
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