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Stock Market & Financial Investment News

News Breaks
March 8, 2013
09:12 EDTCAR, ZIPAvis Budget completes financing for pending acquisition of Zipcar
Avis Budget Group (CAR) announced that it has completed approximately $525M in debt financing intended to fund its pending acquisition of Zipcar (ZIP). As part of the funding package, the company issued its first Euro-denominated notes, further diversifying its capital structure, the company said.
News For CAR;ZIP From The Last 14 Days
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June 18, 2013
14:16 EDTCARFlightCar undercutting Hertz, Avis at airport, ABC News reports
FlightCar is undercutting Hertz Global (HTZ) and Avis Budget (CAR) at San Francisco International Airport by offering rental cars for as low as $21 per day, ABC News reports. The start-up, run by teenagers, offers travelers free parking, a free car wash, and a cut of the rental fee to rent their cars out while they travel. Reference Link
June 14, 2013
13:51 EDTCARVirgin interested in Hertz's Advantage brand, Bloomberg reports
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June 12, 2013
14:01 EDTCARAvis Budget forms new partnership with Club Premier
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June 10, 2013
07:11 EDTCARNational Investor Relations Institute to host conference
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