Hertz tanks 25% after filing to sell up to $500 million in potentially 'worthless' stock - Business Insider

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Hertz tanks 25% after filing to sell up to $500 million in potentially 'worthless' stock

that if any sales of the stock are made, they will be made "by any method permitted by law" deemed to be an "at the market offering." Jefferies is acting as the company's agent in the offering.

 

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Wow, I worked for this company years back.

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