Assertion: hertz | /r/CapableOf | file for bankruptcy
Facets:
value: on may
type: TEMPORAL
value: officially
type: MANNER
value: amid the ongoing economic strife
type: OTHER
value: on friday
type: TEMPORAL
Source sentences:
text: Now that Hertz (NYSE:HTZ) has officially filed for bankruptcy, and its stock price has plunged under $1 per share, many investors are asking themselves if it's time to buy shares in hopes that the company restructures and rebounds when travel restrictions related to the coronavirus pandemic are lifted.
text: Carl Icahn held 39% of Hertz's shares when it filed for bankruptcy on May 22, 2020, and he controlled three board seats.
text: Thus, Hertz filed for bankruptcy.
text: Carl Icahn held 39% of Hertz's shares when it filed for bankruptcy on May 22, 2020, and he controlled three board seats.
text: Hertz officially filed for bankruptcy on Friday, May 22.
text: Hertz has filed for bankruptcy amid the ongoing economic strife caused by the coronavirus pandemic after court documents, as reported by Sky News, revealed that the company lost all its revenue after the UK went into lockdown, ending up in £15.3bn of debt by the end of March.
text: The fact that Carl Icahn, who amassed nearly 40% of Hertz common shares, sold his full stake and threw in the towel after Hertz filed for bankruptcy should tell you all you need to know: There is no value in owning Hertz in its current form.
text: Hertz filed for bankruptcy on May 22.