Hertz Corp. said it will spin off its equipment-leasing unit into a separate publicly traded company, a move that will allow it to concentrate on renting cars. The two new companies will be Hertz, ...

Hertz plans to spin off its equipment rental business into a separate publicly traded company. Hertz Equipment Rental has approximately 335 branches in the U.S.%2C Canada%2C France%2C Spain%2C ...

Hertz Global Holdings Inc. said Tuesday that it will spin off its equipment-leasing division to focus on renting cars, a move analysts have pushed for since Hertz went public in 2006. Hertz will ...

Hertz Global Holdings, Inc.HTZ announced that it has penned a deal with LOXAM Group (Loxam), related to the potential divestment of Hertz Equipment Rental Corporation's ("HERC") France and Spain ...

Hertz Global (NYSE:HTZ) announced plans on Tuesday to spin off its equipment rental business in a $2.5 billion transaction that paves the way to pay down debt and ramp up share buybacks. The car ...

Later this year, Hertz equipment rental customers will be getting their aerial lifts and backhoes from Herc Rentals. At The Rental Show in Atlanta, Hertz Equipment Rental Corp. (HERC) today announced ...

You no doubt think of car rentals when you hear the name Hertz, but it also has other operations, such as the Hertz Equipment Rental Corporation subsidiary. That now includes movie/TV studio equipment ...

FILE - In this May 9, 2011 file photo, a Hertz rental car worker checks out cars at San Jose International Airport in San Jose, Calif. Hertz on Tuesday, March 18, 2014 said it plans to spin off its ...

NAPLES, Fla. (AP) — Hertz plans to spin off its equipment rental business into a separate publicly traded company. The car rental company says it will receive about $2.5 billion in net proceeds as ...