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Avis Budget Group announced today it has entered into an agreement to buy car-sharing network Zipcar for $12.25 per share, a 49% premium over Zipcar's closing stock price Dec. 31. The all-cash ...
Zipcar was founded in 2000 by Antje Danielson and Robin Chase. [citation needed] On March 14, 2013, Avis Budget Group acquired Zipcar for approximately US$500 million. [6] Scott Griffith, who had run the company for the previous decade, resigned the day after the acquisition closed and passed the reins to a new company president, Mark Norman. [7]
The popular with consumers and expensive for the company short-term car rental business got a boost today. Avis Budget Group Inc. (NASDAQ: CAR) announced this morning that it has agreed to acquire ...
Avis is announcing this morning that it will pay Zipcar shareholders $12.25 a share to take the leading car-sharing company off their hands, a nearly Zipcar Gets Pulled Over by Avis Skip to main ...
Scott Griffith was the chairman and chief executive officer of Zipcar, Inc. from February 2003 until his resignation on March 15, 2013, following the acquisition of Zipcar by Avis Budget Group. [1] As of October 2020, Griffith is the CEO of Ford Autonomous Vehicles & Mobility Businesses at Ford Motor Company. [2]
Avis Budget Group has made an offer to acquire Zipcar at $12.25 a share, a 49% premium to the previous closing price. This takeover attempt might not be the last, as Zipcar's price could be too ...
Shares of Zipcar soared 48% last week, racing to life after Avis Budget Group agreed to pay a healthy premium to buy the leading car-sharing service. It was easy to see this coming. Zipcar is the ...
Zipcar , we hardly knew you. Less than two years after going public, the car-sharing pioneer is being yanked off the market by Avis . It's a big short-term win for recent Zipcar investors. But ...