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Stock Market & Financial Investment News

News Breaks
March 8, 2013
16:26 EDTCAR, ZIPAvis Budget acquisition of Zipcar receives U.K. antitrust clearance
Avis Budget Group (CAR) and Zipcar (ZIP) announced that the United Kingdom Office of Fair Trading has determined that Avis Budget's planned acquisition of Zipcar does not qualify for investigation under U.K. antitrust law. The transaction has now received regulatory clearance in both the United States and the United Kingdom. The companies currently anticipate that the transaction will be completed during the week of March 11, subject to customary closing conditions.
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April 23, 2014
15:01 EDTCARAvis Budget renews exclusive partnership with British Airways
Avis Budget Group and British Airways have entered into a multi-year exclusive global partnership agreement to provide British Airways customers with access to Avis Car Rental vehicles, along with other travel benefits. The new agreement represents a renewal of the 15-year-old cross-marketing relationship between Avis Budget Group and British Airways, the largest international air carrier in the United Kingdom.
April 17, 2014
10:31 EDTCARAvis Budget increases stock repurchase program
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