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Hertz Global Holdings, Inc. Message Board

  • eyesandears51 eyesandears51 Dec 11, 2012 2:09 PM Flag

    Hertz shareholders are not in the drivers seat.

    The good news, Clayton Dubilier & Rice, The Carlyle Group and BofA Merrill Lynch reduced their large position by 50,000 shares. The bad news, these three still hold 26% of Hertz stock and have their intentions to reduce or liquidated their respective positions. This is a major negative overhang to the stock. This is exacerbated by large recent selling by two officers.Shares could retrench to the high $12's.

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