Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
Mike Spector, Reuters
Updated as of May 23 12:28 PM
NEW YORK, May 22 (Reuters) - The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.
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