Bill Ackman confirms nearly 20% stake in Hertz, floats Uber partnership
04/17/25, 8:54 PM
Location
esteroType
partnership
Bill Ackman confirmed a nearly 20% stake in Hertz and mentioned the possibility of a partnership with Uber. He expressed confidence in Hertz's potential for a high return on investment and highlighted the improvements made by Hertz's CEO and team in fleet management, unit revenues, and operating costs.
Company Info
Location
estero, florida, united states
Additional Info
Hertz Global Holdings, Inc. is a leading global rental car company that operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The company also owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.