PETITION

PETITION

Share this post

PETITION
PETITION
🤑An "Active Auction" Breaks Out for Hertz🤑

🤑An "Active Auction" Breaks Out for Hertz🤑

Courtroom Drama! Diamond Sports, CCRCs & More

Apr 18, 2021
∙ Paid
1

Share this post

PETITION
PETITION
🤑An "Active Auction" Breaks Out for Hertz🤑
Share
Source: Getty Images

Early Friday morning, The Wall Street Journal broke news* that the sponsors of Hertz Global Holdings Inc.’s ($HTZGQ) initial plan of reorganization — Knighthead Capital Management LLC and Certares Management LLC — had re-emerged with a fresh proposal for the company that would value the company at $6.2b, creating a dramatic delta bet…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Petition LLC
Publisher Privacy ∙ Publisher Terms
Substack
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share