Avis Acquiring Zipcar In A $500M Deal
January 2, 2013 - 9:43am
Avis Budget Group Inc. (NASDAQ:CAR) is set to acquire car-sharing company, Zipcar Inc (NASDAQ:ZIP), as a fully owned subsidiary in a deal estimated at nearly $500 million. The company plans to add car-sharing to its traditional car rental business. The…The post Avis Acquiring Zipcar In A $500M Deal appeared first on ValueWalk.
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