Home>Topics>>Avis to buy Zipcar as slow economy boosts car-share business
Avis to buy Zipcar as slow economy boosts car-share business
Reuters: Business News
Wed, 2 Jan 2013
(Reuters) - Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million, surpassing larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc to become the No.1 player in the fast-growing U.S. car-sharing market.
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