Hertz Enters Asset Purchase Agreement with Athene for Sale of Donlen Corp.
Hertz entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned subsidiary, Donlen Corporation, a fleet management and financing provider, to Athene Holding for an anticipated cash payment of $825 million before adjustments.
November 30, 2020
Athene | Donlen Corporation | Hertz | Jim Belardi | Paul Stone | Tom Callahan
Ellie Delany