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Avis Budget's new chairman buys $15 million worth of stock


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Top 10 most slapped recently  7 days ago '11        #1
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Sin  topics gone triple plat - Number 1 spot x9
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Avis Budget's new chairman buys $15 million worth of stock
 

 
Published: Feb 10, 2020 8:42 a.m. ET

Avis Budget Group Inc. CAR, +2.79% named a new independent chairman of the board, and got a $15 million stock investment to boot. The car rental company said Bernardo Hees will be the new chairman, succeeded Leonard Coleman will continue as a board member. Previously, Hees has been chief executive of Kraft Heinz Co. KHC, +0.94%, Restaurant Brands International Inc.'s QSR, +1.23% Burger King Worldwide Holdings Inc. and America Latina Logistica over the past 15 years. Hees is investing $15 million in Avis's stock at Friday's closing price of $34.87, "to align his interests with those of all shareholders." The investment represents about 0.6% of the shares outstanding. Avis stock, which was still inactive in premarket trading, has rallied 13.4% over the past three months, while rival Hertz Global Holdings Inc. HTZ, +2.83% shares have edged up 1.0% and the S&P 500 SPX, +0.20% has gained 7.6%.

visit this link https://www.marketwatch.c .. ock-2020-02-10


Last edited by Sin; 02-11-2020 at 02:52 PM..
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Top 10 most slapped recently  7 days ago '11        #2
Sin  topics gone triple plat - Number 1 spot x9 OP
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could the fleet of automated cars Uber and Lyft need be rental car companies like Avis and enterprise

and avis owns Zipcar


Last edited by Sin; 02-11-2020 at 03:09 PM..
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 7 days ago '19        #3
Luka Doncic 
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Hopefully budget gets nice now. They are worst to deal with out of all of the rental companies.



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