Published Jun 22, 2026, 5:54 PM ET · Updated 5 months ago · 1 source
Avis Set for $650 Million Pentwater Payout After Short Squeeze
bloomberg
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Original Report
INFERY

Avis Budget Group Inc. is set to receive $650 million in cash as part of a settlement agreement with Pentwater Capital Management to resolve a lawsuit regarding short-swing profits, according to a filing.