Avis to buy car-sharing business
No. 3 rental firm’s deal for Zipcar worth $491.2 million
Posted: January 3, 2013 at 1:12 a.m.
Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will expand its car-rental options.
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Business, Pages 21 on 01/03/2013