Partnerships

Moving Is Easier With New Partnership Between Budget Truck Rental and Simply Self Storage

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PARSIPPANY, N.J. and ORLANDO, Fla., June 24, 2013 (GLOBE NEWSWIRE) — Budget Truck Rental and Simply Self Storage, the largest privately-owned self storage management company in the United States and Puerto Rico, today announced that the two companies have entered into a multi-year concession and marketing agreement. Under the new partnership, approximately 35 Simply Self […]

Partnerships

Avis Establishes New Partnership With Club Premier

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PARSIPPANY, N.J., June 12, 2013 (GLOBE NEWSWIRE) — Avis Car Rental today announced that the Company has been selected as the preferred car rental supplier of Club Premier, Latin America’s first frequent flyer program established in 1992 and Mexico’s leading coalition loyalty program. Under the new multi-year agreement, the more than three million members of […]

Partnerships

Avis Budget Group Completes Acquisition of Zipcar

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PARSIPPANY, N.J. and CAMBRIDGE, Mass., March 14, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has completed its previously announced acquisition of Zipcar, Inc., the world’s leading car sharing network. About Avis Budget Group, Inc. Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through […]

Partnerships

Avis Budget Group’s Pending Acquisition of Zipcar Receives U.K. Antitrust Clearance

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PARSIPPANY, N.J. and CAMBRIDGE, Mass., March 8, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) and Zipcar, Inc. (Nasdaq:ZIP), the world’s leading car sharing network, today announced that the United Kingdom Office of Fair Trading has determined that Avis Budget’s planned acquisition of Zipcar does not qualify for investigation under U.K. antitrust law. The […]

Partnerships

Avis Budget Group to Acquire Zipcar for $12.25 Per Share in Cash

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Combined company will be the global leader in car sharing and mobility solutions. Combination expected to produce $50-70 million in annual synergies. Transaction targeted to close in spring 2013. Avis Budget re-affirms its prior estimates of full-year 2012 results. PARSIPPANY, N.J. and CAMBRIDGE, Mass., Jan. 2, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) […]