⚡️"Love Really Hertz Without You" - Billy Ocean⚡️
Two Groups Continue to Wrestle for the Car Rental Business
When we last discussed Hertz Global Holdings Inc. ($HTZGQ) ten days ago, the Hertz debtors were trying to push forward with approval of their proposed (i) disclosure statement and (ii) break-up fee and expense reimbursement accommodations for their “PE Sponsors,” Centerbridge Partners LP, Warburg Pincus LLC and Dundon Capital Partners LLC. But much like…