Zipcar CEO steps down a few hours after the Avis acquisition

March 15, 2013 4:34 PM Christina Farr
Christina Farr

Avis Budget Group officially signed the papers on its acquisition of Zipcar today. A few hours later, the ride-sharing company's chief executive resigned.

Law firm may put the brakes on Avis-Zipcar deal for undervaluing stock

January 2, 2013 8:30 AM Sean Ludwig
Sean Ludwig

News that Avis Budget Group plans to buy top car sharing network Zipcar for $500 million opened some eyes this morning. But the deal could have some trouble going through, with a law firm announcing it is investigating whether Zipcar didn't get the best deal possible.

Car rental biz Avis to acquire Zipcar for $500M cash

January 2, 2013 6:23 AM Sean Ludwig
Sean Ludwig

Rental car giant Avis Budget Group has agreed to buy car sharing network Zipcar for $500 million in cash.