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Hertz Tells Landlords Not To Expect Rent for Six Months

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Hertz Tells Landlords Not To Expect Rent for Six Months

2020-05-28 00:27:06

Hertz declared bankruptcy on May 22. Business Insider says the company has $19 billion in debt. The car rental company told its landlords days it would not pay them rent for the next six months. This is the latest example of a big-name corporation asking building owners, many of whom run small businesses, for "help."

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