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 […]

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 […]

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) […]