Jan 2, 2013
26 notes
Avis buys Zipcar for $500 million in an effort to control car-sharing market
Car-sharing firm Zipcar, which operates a by-the-hour rental service in the US, Canada, UK, and Spain, has agreed to be purchased by Avis for $500 million. Zipcar began business in 2000 in Boston, MA, and has expanded to cover a number of major cities throughout the US and Canada

Avis buys Zipcar for $500 million in an effort to control car-sharing market

Car-sharing firm Zipcar, which operates a by-the-hour rental service in the US, Canada, UK, and Spain, has agreed to be purchased by Avis for $500 million. Zipcar began business in 2000 in Boston, MA, and has expanded to cover a number of major cities throughout the US and Canada

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