EPISODE · Jun 16, 2020 · 13 MIN
Could Hertz Rent-A-Car's Bankruptcy Be An Inspiration To GNC?
from the Joshua Schall Audio Experience · host Joshua Schall
What does a 102-year-old rental car company have to do with an 85-year-old nutritional supplement retailer? Nothing much yet, but that could quickly change because a decision Friday by the U.S. Bankruptcy Court for the District of Delaware gave Hertz permission to sell as up to 246.8 million unissued shares...marking an unprecedented move! A move that might be copied by GNC as it continues to extend the runway further for the possible Chapter 11 bankruptcy.
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Could Hertz Rent-A-Car's Bankruptcy Be An Inspiration To GNC?
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