Hertz files for bankruptcy protection

  • By cvbizz
  • May 22, 2020
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via wyff.com

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Rental-car company Hertz has filed for bankruptcy protection, unable to withstand the coronavirus pandemic that has slammed global travel.The news for the heavily indebted 102-year-old car rental company’s business comes as another hit to business amid the pandemic, even as restrictions across states have been eased.”The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company’s revenue and

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