Hertz: Accounting Issues ‘Least of the Challenges,’ Morgan Stanley Says
August 28, 2014 at 11:06 AM EDT
Morgan Stanley’s Adam Jonas and team fret that Hertz’s problems go beyond its well-known accounting problems: The company has had a lot on its plate in recent years: expanding into the used car business, implementing new technology, and acquiring and integrating DTG. While there have clearly been challenges, to which the company is openly admitting, [...]