Hertz Global Holdings, Inc. (NASDAQ:HTZ) is one of the 10 Stocks Crash Hard on a Roaring Monday. Hertz Global declined for a ...

Hertz’s first quarter results fell short of Wall Street’s expectations, with revenue and adjusted earnings per share coming ...

Shares of Abacus Global Management rose after the asset management company initiated an exchange offer and consent solicitation for its outstanding public and private warrants. Shares climbed 9.7% to ...

Hertz has had a whirlwind five years. At the height of the Covid-19 pandemic in early 2020, the rental car giant missed lease payments on its fleet and, by May, filed for Chapter 11 bankruptcy ...

HTZ shares surged 56.44% yesterday. Yesterday, Hertz had one of its best single-gain days in a long time. The company’s stock price surged 56.44% in a single session after it was revealed that ...

To make matters worse, in June 2024, Discovery Capital Management filed a complaint on behalf of warrant holders with the Delaware Chancery Court, claiming that Hertz’s repurchase of $3.4 ...

Company was not obligated to redeem warrants where agreement only triggered such an obligation upon a transaction that converted all of the company's stock into another form of consideration or ...

Hertz Global Holdings beat back a lawsuit arguing that recent share repurchases amounted to a change in control that required the company to redeem its outstanding stock warrants.

Hertz Global Holdings Inc. isn’t liable to Discovery Global Opportunity Master Fund Ltd. and Discovery Global Beacon Partner LP for millions of shares of stock under a warrant agreement that was ...

(Reuters) -Hertz Global Holdings on Friday won the dismissal of a lawsuit by warrant holders that could have forced the car rental company to owe hundreds of millions of dollars following a series ...

The funds held 11% of the Hertz warrants, ... He said Hertz's $3.4 billion of stock repurchases and $2.2 billion of debt issuance, taken together, ...