Wednesday, January 2, 2013

Why Avis Buying Zipcar Could Actually Be a Good Thing

Earlier this morning Avis announced that it would be acquiring the car-sharing service Zipcar for roughly half a billion dollars, a deal that's expected to close by the spring. But some investors believe the offer grossly undervalues Zipcar, and have launched an investigation to try to scuttle the deal. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/7D1RkPRyuJM/why-avis-buying-zipcar-could-actually-be-a-good-thing

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