Business News

Avis Campaign Named Magazine Advertisement of the Year

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PARSIPPANY, N.J., Jan. 28, 2013 (GLOBE NEWSWIRE) — In recognition of its experiential iPad campaign in┬áThe Economist, Avis Car Rental won “Magazine Advertisement of the Year” at the 2012 Digital Magazine Awards. Celebrating the best magazines, individuals and advertisers from the digital publishing industry, the international awards honored Avis for bringing to life the idea […]

Business News

Avis Budget Group Pledges Support to the U.S. National Guard and Reserve

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PARSIPPANY, N.J., Jan. 22, 2013 (GLOBE NEWSWIRE) — Avis Budget Group Chairman and Chief Executive Officer Ronald L. Nelson has signed a “Statement of Support” for the country’s military veterans, reservists and national guardsmen, at a ceremony held at the Company’s world headquarters. A cornerstone effort of the Employer Support of the Guard and Reserve […]

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) […]