Avis To Purchase Zipcar

January 2, 2013

Read original story on usatoday.com

2013 kicked off with major automotive news as Avis announced its plan to buy Zipcar for $500 million dollars in a deal expected to close this April.  With over 760,000 members in the U.S, Canada, and UK, Zipcar is a leader in the expanding shared economy, and Avis’s purchase signals that de-ownership is indeed on the rise.

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