Hertz Trading Halted After SEC Balks At Ch. 11 Stock Sales

By Jeff Montgomery (June 17, 2020, 1:37 PM EDT) -- Trading in shares of bankrupt Hertz Global Holdings Inc. halted Wednesday after U.S. Securities and Exchange Commission Chairman Jay Clayton noted during a televised interview that agency staffers had issues with the car rental company's plans to sell up to $1 billion in stock while in Chapter 11....

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