Hertz Global Holdings Inc (HTZ)

[deekshant]

Is Hertz worth 1.5 billion while preserving equity: You decide

Someone buys all the shares of Hertz at say two dollars. Total Market Cap including newly issued shares equals 750 million. So Hertz receives 1/2 billion from newly issued shares. As a result, the company while in BK has 2 billion over liabilities and the shareholder who bought all the shares paid 1.5 billion for the company. If he takes over the company he essentially bought the company more or less for 1.5 billion. The question is, is Hertz worth 1.5 billion. You decide.