· *Hertz paused its plan to sell as much as $500 million in new, high-risk shares on Wednesday after the Securities and Exchange Commission raised concerns with the sale.*
· *The offering was "promptly suspended" after discussions with SEC staff, and is "pending further understanding of the nature and timing of the Staff's...
Hertz pauses plan to sell $500 million in potentially worthless stock after SEC weighs in
Business Insider
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