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Hertz Defends Plan For $825M Ch. 11 Sale Of Donlen Assets

By Vince Sullivan ( December 15, 2020, 8:21 PM EST) -- Bankrupt car rental giant Hertz defended its proposed sale process for fleet financing arm Donlen Corp. on Tuesday, saying the sale timeline and stalking horse bid protections it agreed to are supported by their business judgment and will yield the highest value for the assets....

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