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Hertz has been a hot debt mess for

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littlefish   Saturday, 05/23/20 02:01:55 AM
Re: researcher59 post# 72558
Post # of 73049 
Hertz has been a hot debt mess for a long time. At least the company is going the way it is supposed to (DIP financing, $1 billion+ cash on hand). When a company can’t last 2 months when their biz grinds to a halt, maybe they should be a bit more choosy going on buyout/acquisition sprees using debt in the future.

Look at Avis or Enterprise for example, nowhere near BK and better run in same industry under same conditions.

IMO only.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
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