A PYMNTS Company

US: Reuters poll suggests Avis/Zipcar merger to pull through

By  |  January 14, 2013

An informal poll of nine antitrust experts taken by Reuters has suggested that while controversial, experts expect the proposed merger between Avis and Zipcar to be approved by authorities. Eight of the nine experts polled expected the approval, though according to reports the merger would be “lamented” by many as the loss of an upstart; Zipcar is widely admired as a young and innovative company with quirky business habits, like nicknaming their vehicles. Avis has proposed to buy Zipcar for $500 million.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.