Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million
Green Car Congress
JANUARY 2, 2013
Founded in 2000, Zipcar operates the largest member-based, car sharing network in the world. Following the acquisition, Zipcar will operate as a subsidiary of Avis Budget Group and will continue with its planned move to new headquarters in Boston, Massachusetts. Rental car company Avis Budget Group, Inc.
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