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Stock Market & Financial Investment News

News Breaks
January 2, 2013
09:22 EDTMCP, CAR, SKUL, ZIPOn The Fly: Pre-market Movers
HIGHER: Zipcar (ZIP), up 48% after being acquired by Avis Budget (CAR) for $12.25 per share in cash. Avis also up 3% following deal announcement... Molycorp (MCP), up 8.5% after Bloomberg "Real M&A" article... LOWER: Skullcandy (SKUL), down 0.4% after two-notch downgrade to Underperform from Buy at Jefferies, price target cut to $6 from $17.
News For ZIP;CAR;MCP;SKUL From The Last 14 Days
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August 25, 2015
16:26 EDTCARZipcar acquires fleet management firm Local Motion
According to a message posted on the Local Motion website, Avis Budget's Zipcar has acquired the fleet management startup. "Zipcar and Local Motion have a lot in common. We share a commitment to provide an exceptional experience for our users and we see car sharing as the future of mobility," reads the Local Motion website. Terms of the transaction were not disclosed. Reference Link

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