![Hertz board scraps planned $500M stock sale amid SEC review](https://cdn.newsserve.net/ONPglobe256.png)
Hertz board scraps planned $500M stock sale amid SEC review
Hertz has scrapped a plan to sell $500 million worth of stock, a move coming a day after the car rental company in the throes of bankruptcy reorganization disclosed that federal regulators were reviewing the proposed offering. In a regulatory filing Thursday, Hertz said that its board of directors determined that ditching the stock offering […]
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