Hertz Suspends Plan To Offer $500 Million In Stock

CNBC
By Staff of CNBC
Business News Television Channel •

Hertz has suspended its plan to sell up to $500 million in shares after the SEC voiced concern about the deal and launched a review.

(Video length 00:02:19)

CNBC’s Bob Pisani reports that Hertz has decided to not go forward with its plan to offer $500 million in stock.

 

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