Hertz Global Holdings, Inc. Selects VDM Specialists for Its IPO
16 11월 2006 - 11:30PM
PR Newswire (US)
NEW YORK, Nov. 16 /PRNewswire-FirstCall/ -- VDM Specialists, LLC
has commenced the trading of Hertz Global Holdings, Inc.
(NYSE:HTZ), the largest worldwide general use car rental brand, on
the New York Stock Exchange (NYSE). The initial public offering
(IPO) comprised the sale of 88.2 million shares of common stock
priced at $15 raising approximately $1.32 billion for the Company.
"We are excited to have joined the ranks of some of the world's
largest and most prestigious companies listed on NYSE," stated Mark
P. Frissora, Chief Executive Officer of Hertz Global Holdings.
"VDM's guidance and support were instrumental to our IPO's launch,
and we look forward to working closely with our new partner."
Commenting on the announcement, Robert Fagenson, CEO of VDM
Specialists, said, "Hertz is one of the most well-known brand names
in the world. We are proud to have been chosen to represent them.
As we continue to deliver quality markets in the stocks we trade,
Hertz's addition to our family of NYSE-listed companies is another
wonderful example of the value-added partnerships we have with our
listed company clients." VDM Specialists represents a variety of
leading brand names, including Coach Inc., Four Seasons Hotels
Inc., Harley-Davidson Inc., Hewlett-Packard Co., Saks Inc., Sealy
Corp., Tiffany & Co., and The Walt Disney Co. About Hertz
Global Holdings, Inc. Hertz Global Holdings, Inc., the indirect
parent corporation of The Hertz Corporation, is the largest
worldwide general use car rental brand and one of the largest
equipment rental businesses in the United States. In its car rental
business segment, Hertz and its independent licensees and
associates accept reservations for car rentals at approximately
7,600 locations in approximately 145 countries. Hertz is the only
car rental company that has an extensive network of
company-operated rental locations both in the United States and in
all major European markets. In its equipment rental business
segment, Hertz rents equipment through approximately 360 branches
in the United States, Canada, France and Spain, as well as through
its international licensees. For more information about Hertz
Global Holdings, please visit http://www.hertz.com/. About VDM
Specialists, LLC As one of the largest specialist firms on the
NYSE, VDM Specialists represents over 400 leading issues including
Pfizer, Hewlett-Packard, The Walt Disney Co. and Apache Corp. VDM
Specialists is part of publicly traded Van der Moolen Holdings NV
(NYSE:VDM). For more information about VDM Specialists, please
visit http://www.vdm-usa.com/. DATASOURCE: VDM Specialists, LLC
CONTACT: Mark A. Baer of VDM Specialists, LLC, Managing Director,
+1-646-576-2700, , or Tristan Peniston-Bird of Gavin Anderson &
Company, +1-212-515-1933, Web site: http://www.hertz.com/
http://www.vdm-usa.com/
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