Point Me to the Plane - Avis Buying Zipcar for $491.2 Million

Discussion in 'Blogstand' started by BoardingArea, Jan 2, 2013.  |  Print Topic

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    The Associated Press is reporting that Avis Budget Group Inc. will pay $12.25 per share, a 49 percent premium to Zipcar’s closing price last Friday, totaling $491.2 million to expand their offerings into car sharing services. By combining with Zipcar, we will significantly increase our...
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