PARSIPPANY, N.J., April 17, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) (the “Company”) announced today the expiration and final results of the previously announced cash tender offers (the “Offers”) by its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (collectively, the “Issuers”), to purchase any and all of the […]

PARSIPPANY, N.J., April 8, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) has again been named as one of America’s Top Corporations for Women’s Business Enterprises by the Women’s Business Enterprise National Council (WBENC). This national award recognizes corporations for world-class programs that create level playing fields for women’s business enterprises to compete for […]

PARSIPPANY, N.J., April 3, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) (the “Company”) announced today the early results of the previously announced cash tender offers (the “Offers”) by its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (collectively, the “Issuers”), to purchase any and all of the Issuers’ outstanding […]

CAMBRIDGE, Mass., March 20, 2013 /PRNewswire/ — Zipcar, Inc., the world’s leading car sharing network, today announced the introduction of Zipcar vehicles at three airports in the Greater New York City area, including Newark Liberty, LaGuardia and John F. Kennedy (JFK) airports. The cars are conveniently located in Zipcar branded parking spaces at the Avis […]

PARSIPPANY, N.J., March 19, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (collectively, the “Issuers”), have commenced cash tender offers (the “Offers”) to purchase any and all of the Issuers’ outstanding $450 million in aggregate principal […]

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., March 13, 2013 (GLOBE NEWSWIRE) — PGA TOUR and Avis Car Rental announced today that Brandt Snedeker has been voted the February PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000 contribution to […]

PARSIPPANY, N.J., March 8, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc.(Nasdaq:CAR) announced today that it has completed approximately $525 million in debt financing intended to fund its pending acquisition of Zipcar (Nasdaq:ZIP). As part of the funding package, the Company issued its first Euro-denominated notes, further diversifying its capital structure to reflect the global […]

PARSIPPANY, N.J. and CAMBRIDGE, Mass., March 7, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) and Zipcar, Inc. (Nasdaq:ZIP), the world’s leading car sharing network, today announced that, at a special meeting of stockholders held earlier today, Zipcar stockholders voted to approve the adoption of the previously announced merger agreement with Avis Budget. Approximately […]

PARSIPPANY, N.J., March 6, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) today disclosed details of the financial benefits that its award-winning Performance Excellence (PEx) initiative contributed to the Company’s financial results in 2012. As one of the key initiatives in the Company’s global strategic plan to drive efficiency throughout the organization, the Avis […]

PARSIPPANY, N.J., March 4, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR), a leading global provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Chief Financial Officer, will present at the 2013 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Forum on March 7, 2013 at 12:00 noon […]