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" ... A bidding war continues over Hertz Global Holdings, the rental-car giant that filed for bankruptcy last year as one of the early corporate casualties of the pandemic. This week, Hertz declared a new bid by Knightshead Capital Management and Certares Management was superior to a prior offer from a group led by Centerbridge Partners, Warburg Pincus and Dundon Capital Partners. Bloomberg reported shortly thereafter that the second group is now preparing a counterbid of its own, setting the stage for an auction this coming week that should settle things once and for all. ... "