Acquisition, Car Rental | featured news

Avis buying Zipcar in deal worth nearly $500M

Avis

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services.

 

Hertz and Dollar Thrifty Agree to Deal

Hertz and Dollar Thrifty Agree to Deal

Hertz Global Holdings agreed on Sunday to raise its takeover offer for the Dollar Thrifty Automotive Group to about $1.4 billion in stock and cash, trumping a rival offer from the Avis Budget Group.

 

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