HTZ.XXX News

Hertz Global Holdings, a leading car and equipment rental operator, priced 88.2 million shares at $15 on Wednesday night. The deal priced 12% below the midpoint of its proposed range. The stock is expected to begin trading on the New York Stock Exchange on...read more

Hertz Global Holdings, the owner of car and equipment rental businesses, announced the terms for its IPO on Friday. The New Jersey-based company plans to offer 88.2 million shares at a range of $16-$18, giving the deal a proposed market cap of $5.6 billion. ...read more

Hertz Global Holdings, the owner of car and equipment rental businesses, filed for an IPO on Friday. Goldman Sachs, Lehman Brothers, Merrill Lynch, Deutsche Bank and JP Morgan are all managing the deal. Terms and timing have yet to be announced. This deal...read more

Hertz, the largest worldwide general used car rental brand, will be sold by Ford Motor company in a deal worth $15 billion in debt and equity. Private-equity firms Clayton, Dubilier & Rice, the Carlyle Group and Merril Lynch Global Private equity are the...read more