Hertz Reverses On Stock Sale, First Drop In 2 Weeks
Shares of Hertz Global (HTZ) on Tuesday did something they haven't done in two weeks -- fall into reverse. Late Monday, the No. 2 U.S. rental car company by revenue said that investment funds associated with three of its largest investors plan to sell a total of 50 million shares. Funds associated with Clayton Dubilier & Rice, the Carlyle Group and Bank of America Merrill Lynch (BAC) will sell the shares to JPMorgan Chase (JPM) . Hertz shares were
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