Hertz Global (HTZ) Holders to Sell 60.05M Shares, Co. to Buy 23.2M Shares
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MKM Partners Says Hertz Global (HTZ) Secondary a Net Positive
March 7, 2013 12:08 PM ESTMKM Partners reiterated a Buy rating and $28 price target on Hertz Global (NYSE: HTZ) despite yesterday's announcement of a 60.05 share stock offering from selling shareholders in which the company will be buying 23.2 million shares.
The firm said the offering is a net... More
