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Wednesday, 03/03/2021 11:35:05 AM

Wednesday, March 03, 2021 11:35:05 AM

Post# of 3540
HTZGQ looks like a high risk/reward play.According to the new deal, Hertz European operations are excluded from the buy out. This is a very good things because a successful plan by the new majority team which add significant value to their European branch. As I understand the buy out, the new player will control the board at 51% with a buy out stock at not less than $0.70 a share. Again those are good signs that shareholders will benefit significantly from a long term plan.

Last, this group is highly experienced with several key assets to link Hertz with their portfolio, including trip advisor, cruise ships, on and offline travel agencies. To me, this buy out, should it be approved will not only add a new fleet to the company but will manage it in far more efficient way with a highly experienced and successful team. It's fair to say the odds are pretty good for the iconic brand and its stakeholders. Just a little bit of patience and you will be rewarded . I am in!!!
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