Hertz/Knighthead
[www.ttnews.com]
Interesting news that slipped out this week. Hertz taking a big hit on their results following their big bet on EVs
Knighthead had a massive gain on acquisition of Hertz, and their very nature as PE investors is they make big bets and some come off and some don’t
but in hindsight i wish this had been a question at the open house to TW - about whether he regrets this move into EVs and whether there were any parallels with the mis steps they’ve made with Bcfc
Interesting news that slipped out this week. Hertz taking a big hit on their results following their big bet on EVs
Knighthead had a massive gain on acquisition of Hertz, and their very nature as PE investors is they make big bets and some come off and some don’t
but in hindsight i wish this had been a question at the open house to TW - about whether he regrets this move into EVs and whether there were any parallels with the mis steps they’ve made with Bcfc