Hertz suspends share sale after U.S. SEC raises objections

Bankrupt Hertz Global Holdings Inc on Wednesday suspended its plan to sell up to $500 million in new shares after the U.S. Securities and Exchange Commission (SEC) raised objections to the sale, the car rental firm said on Wednesday. [Source]

Origin: reuters.com

Category: businessNews

Topics: objections, Hertz, rental, raised, (SEC), Commission, Exchange, Securities, shares, million, suspended, Holdings, Global, Bankrupt, raises, share, suspends

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/YMoa7OPVPj0/hertz-suspends-share-sale-after-u-s-sec-raises-objections-idUSKBN23O2MR