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US issues emergency powers to keep fuel flowing, CEO diversity promises

FT News Briefing

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Private Equity Firms Compete for Hertz Amid Recovery

This chapter delves into the competitive auction for Hertz in federal bankruptcy court, where two private equity firms are vying for control as the company aims for a $6.2 billion valuation. The discussion highlights the strategic timing of the auction with the reopening economy and the approaching travel season.

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