Brief: Bill Ackman Says As Of Today, Have 19.8% Stake In Hertz - X Post
17/04/2025 21:10
April 18 (Reuters) - BILL ACKMAN: WE BEGAN ACCUMULATING SHARES IN HERTZ LATE LAST YEAR, AND AS OF TODAY, WE HAVE A 19.8% STAKE IN THE COMPANY BILL ACKMAN ON HERTZ: BELIEVE IMPROVEMENTS CEO GIL WEST, MANAGEMENT MAKING WILL SIGNIFICANTLY IMPROVE PROFIT MARGINS OVER THE NEXT SEVERAL YEARS BILL ACKMAN ON HERTZ CALLS FOR IMPROVING INDUSTRY STRUCTURE AND MORE RATIONAL COMPETITIVE BEHAVIOR BILL ACKMAN ON HERTZ: CO'S LEVERAGED CAPITAL STRUCTURE WILL ENABLE HERTZ SHAREHOLDERS TO GENERATE A HIGHLY ATTRACTIVE RETURN ON INVESTMENT BILL ACKMAN: HERTZ IS UNIQUELY WELL-POSITIONED IN THE CURRENT TARIFF ENVIRONMENT, WHERE AUTO TARIFFS ARE LIKELY TO CAUSE USED CAR PRICES TO RISE BILL ACKMAN: HERTZ FLEET AND LOCATIONS MAKE IT "AN IDEAL PARTNER" FOR UBER Source text: bit.ly/42wzT95 Further company coverage: HTZ.O ((reuters.briefs@thomsonreuters.com;))