Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock - TechCrunch

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with an appetite for short-term speculative bets. The decision Fr… http://techcrunch.com/2020/06/12/forget-the-casino-bankrupt-hertz-can-now-sell-up-to-1-billion-in-stock/