|Post IPO Valuation|
|Description||car and equipment rental|
|Automoti Group, 8/2009|
Hertz Global Holdings, Inc. (Hertz Holdings) is a general use car rental brand and is engaged in equipment rental businesses in the United States and Canada. The Company and its independent licensees and associates accept reservations for car rentals at approximately 8,100 locations in approximately 145 countries. The Company maintains airport car rental brand market share, by overall reported revenues, in the United States and at the 78 major airports in Europe where it has company-operated locations and data regarding car rental concessionaire activity is available. In the Companyâ€™s equipment rental business segment, it rents equipment through 322 branches in the United States, Canada, France, Spain and China, as well as through its international licensees. It operates in two segments: car rental and equipment rental. During the year ended December 31, 2009, it launched Rent2Buy, a new way to buy a used rental car which operates in select states, including California and Hawaii.