The Hertz Story Isn’t What You Think

Re:The Hertz Story Isn’t What You Think by echelon on Monday June 01, 2020 @03:28PM (#23382657)

Yes and no. They're the first parties in line to pick apart bankrupt companies. The stockholders are the ones left out in the cold.

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Re:The Hertz Story Isn’t What You Think by oh_sigh on Monday June 01, 2020 @03:56PM (#23382987)

Same question then...when Icahn or others of his ilk get their claws into a board, why don't rational investors flee like the dickens?

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Re:The Hertz Story Isn’t What You Think by simonh on Monday June 01, 2020 @05:41PM (#23384275)

But Icahn is a stock holder too, just sell when he does. It seems like the debt lenders will just be left with a few stripped bones to chew on.

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