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Slide #61. Avis Budget Group, Inc. — Zipcar, Inc.
Avis Budget Group, Inc. (NASDAQ:CAR)
Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has completed its previously announced acquisition of Zipcar, Inc., the world's leading car sharing network.
Avis Budget Group is a provider of mobility solutions through its three brands, Avis, Budget and Zipcar, together with several other brands. Co. has two segments: Americas, which provides and licenses Co.'s brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America and the Caribbean, and operates its car sharing business in certain of these markets; and International, which provides and licenses Co.'s brands to third parties for vehicle rentals and ancillary products and services in Europe, the Middle East, Africa, Asia and Australasia, and operates Co.'s car sharing business in certain of these markets.
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Buy (3.00 out of 4)
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