Carl Icahn Exits Bankrupt Hertz at Loss of Almost $1.6 Billion
Billionaire activist investor Carl Icahn holds a martini glass while attending a charity event in New York, U.S. (Photographer: Victor J. Blue/Bloomberg)

Carl Icahn Exits Bankrupt Hertz at Loss of Almost $1.6 Billion

(Bloomberg) -- Billionaire investor Carl Icahn sold out of Hertz Global Holdings Inc., the rental-car company that filed for bankruptcy last week, calling off a roughly six-year bet that lost him a...
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