Monday, June 13, 2005

Hertz IPO (AP)

Industry

Source (AP)

  • Ford Says Hertz to Pursue $100 Million IPO AP

    DEARBORN, Mich. - Ford Motor Co., racked by financial problems and a credit downgrade, said Monday its Hertz Corp. car rental unit has filed with the U.S. Securities and Exchange Commission for an initial public offering.

  • The world headquarters for the Ford Motor Company in Dearborn, Michigan. Struggling US auto group Ford Motor Co. said it would spin off car rental unit Hertz after a share offering for the division is completed.(AFP/File/Jeff Haynes)
    Ford to spin off car rental unit Hertz AFP - 2 hours, 13 minutes ago

    DEARBORN, United States (AFP) - Struggling US auto group Ford Motor Co. said it would spin off car rental unit Hertz after a share offering for the division is completed.

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