FILE - In this May 9, 2011 file photo, a Hertz rental car worker checks out cars at San Jose International Airport in San Jose, Calif. Hertz on Tuesday, March 18, 2014 said it plans to spin off its ...

Shares of vehicle rental giant, Hertz Global Holdings Inc. (HTZ), witnessed a significant 7.7% rise in the pre-market trading session today as the company communicated the spin-off of its construction ...

(Reuters) - Car rental company Hertz Global Holdings Inc (NYS:HTZ) said it would spin off its equipment rental business for $2.5 billion (£1.50 billion). The division, Hertz Equipment Rental Corp, ...

March 18 (Reuters) - Hertz Global Holdings Inc said it would spin off its equipment rental business, raising $2.5 billion to reduce debt and fund a $1 billion share buyback. Hertz, the No. 2 U.S. car ...

We’ll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Hertz, the US car rental business, has announced plans to spin off its construction ...

HERC owner adopts poison pill as unusual stock activity threatens to shift control of a company investors would like to see rid of capital-intensive heavy equipment Hertz Equipment Rental Co. (HERC) ...

Hertz Global (NYSE:HTZ) announced plans on Tuesday to spin off its equipment rental business in a $2.5 billion transaction that paves the way to pay down debt and ramp up share buybacks. The car ...

You no doubt think of car rentals when you hear the name Hertz, but it also has other operations, such as the Hertz Equipment Rental Corporation subsidiary. That now includes movie/TV studio equipment ...

Hertz plans to spin off its equipment rental business into a separate publicly traded company. Hertz Equipment Rental has approximately 335 branches in the U.S.%2C Canada%2C France%2C Spain%2C ...

NAPLES, Fla. (AP) — Hertz plans to spin off its equipment rental business into a separate publicly traded company. The car rental company says it will receive about $2.5 billion in net proceeds as ...