Hertz Announces Share Sale

Hertz Global Holdings has announced the sale of 50,000,000 shares of common stock by investment funds associated with Clayton, Dubilier & Rice, The Carlyle Group and BofA Merrill Lynch to J.P. Morgan, as the sole underwriter in the registered public offering of those shares. The shares are being sold on a pro rata basis by these investment funds, which are existing stockholders of Hertz Holdings.

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