PARSIPPANY, N.J. (AP) — Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services. Car sharing has become a popular alternative to ...

Carsharing company Zipcar broke the news today that car rental giant Avis is buying the company for $500 million. The sale looks like it’ll be investigated as a raw deal to stockholders, but if the ...

It might be easier to get a Zipcar rental on weekends now that the popular urban car-sharing service is being acquired by traditional car rental company Avis Budget Group. The companies said Wednesday ...

Jan 2 (Reuters) - Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million to take the top spot in the fast-growing U.S. car-sharing market, racing past larger rivals Hertz ...

Many investors are gushing with joy over Avis' plans to acquire Zipcar for a 49% premium. Meanwhile, others are crying because the Avis-Zipcar deal will still make Zipcar an overall negative ...

Rental car group Avis Budget announced it has agreed to terms for the purchase of Zipcar. Founded ten years ago, Zipcar is a pioneer in the car-sharing industry, which gives members regular access to ...

While New York city eagerly awaits the arrival of our bike share program (soon, they swear) something interesting has just happened in the more established world of car shares. Car rental company Avis ...

For as popular as Zipcar is here in New York, $500 million seems like a low-number to me. Click to expand... Outside of NY, the only time I have seen Zipcars are at different universities, so may be ...

What’s the opposite of the winner’s curse? It seems that the biggest winner of the Hertz deal to buy Dollar Thrifty, opens new tab for $2.6 billion was actually Hertz’s mortal enemy, Avis Budget.

NEW YORK - Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental ...

NEW YORK (AP) — Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car ...