Mergers & Acquisitions, Car Rental | featured news

(Image from article: "Hertz and Dollar Thrifty Agree to Deal")

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Avis buying Zipcar in deal worth nearly $500M

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentals to car sharing services.

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Hertz and Dollar Thrifty Agree to Deal

Hertz Global Holdings agreed on Sunday to raise its takeover offer for the Dollar Thrifty Automotive Group to about $1.4 billion in stock and cash, trumping a rival offer from the Avis Budget Group.

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