[NEW YORK] Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car company’s turnaround plan and that tariffs will boost the ...

He noted that Hertz and its two rivals, Enterprise and Avis, currently control around 95 percent of the car rental market. Praising Enterprise as the best-run of the trio, Ackman pointed to its ...

Hertz Global CEO Gil West is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position in the post-bankrupt rental car company, he said Friday in an internal ...

The car rental company Hertz and 59 other companies were blackmailed in January 2025 with the publication of sensitive data on the dark net. The company has now admitted to the data theft and ...

Hertz believes an unauthorized third-party vendor acquired the data within Cleo’s file-transfer software in October 2024 and December 2024. In a statement, the company told The Independent ...

Bill Ackman's Pershing Square took a sizable stake in Hertz, the rental car company that exited from bankruptcy four years ago, sparking a big rally. Shares of Hertz surged 56% on Wednesday after ...

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