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Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
Alamo was founded in Florida in 1974. [4] In 1996, Alamo was acquired by Republic Industries (later renamed AutoNation). [5] AutoNation spun off its car rental properties as ANC Rental in 2000. ANC filed for bankruptcy a year later; its properties were sold to Vanguard Automotive Group (controlled by Cerberus Capital Management) in 2003. [6]
Advantage Rent a Car is a privately held American car rental company headquartered in Orlando, Florida.. The company was founded in 1963 by Kenneth and Helen Walker as "$3.99 Car Rentals" and quickly expanded by purchasing several different car rental companies.
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[43] [44] In 2002, Cendant bought Budget Rent a Car out of bankruptcy for $110 million plus $2.8 billion in assumed debt. [45] The combination of Budget with Avis made Cendant the second-largest car rental company in the U.S. [45] In 2004, Cendant began a series of moves to simplify its business and focus on its core areas of real estate and ...
The low-cost carrier Avelo says it plans to make a big investment in the central Florida market in the coming years. Budget airline Avelo opens base in Orlando with $59 one-way introductory ...
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