Hertz allowed to sell $1 bn in shares despite bankruptcy

WASHINGTON - Coronavirus-hit car rental company Hertz was granted permission Friday to sell $1 billion in shares, an extraordinary move after it declared bankruptcy in the United States and Canada.

Hertz allowed to sell $1 bn in shares despite bankruptcy
WASHINGTON - Coronavirus-hit car rental company Hertz was granted permission Friday to sell $1 billion in shares, an extraordinary move after it declared bankruptcy in the United States and Canada.