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Hertz May Be Saved from Bankruptcy with $4 2 Billion Restructuring Deal

Hertz May Be Saved from Bankruptcy by $4 2 Billion Deal

Hertz May Be Saved from Bankruptcy by $4 2 Billion Deal
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Hertz gets a lifeline out of bankruptcy from 2 investment firms

Two investments firms would buy a majority stake in Hertz Global Holdings for R63bn under a restructuring plan expected to help it out of bankruptcy by early- to mid-summer, the car rental company said in a filing yesterday.

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