Market Overview

OFT Offers Comment on Avis Purchase of Zipcar

Share:
Related CAR
Build Up Your 'Winter Storm Juno' Portfolio With These 5 Stocks
16 Stocks 2 Experts Are Watching This Week
Avis Budget's Growth Moves Can Deliver More Upside (GuruFocus)
Related ZIP
UPDATE: Oppenheimer Terminates Coverage on Zipcar Following Acquisition by Avis Budget Group
Hertz Jumps on Solid Q4 Results and Strong Guidance
FBN's Exclusive Look Behind-the-Scenes at Greylock Partners (Fox Business)

Anticipated acquisition by Avis Budget Group inc. (NYSE: CAR) of Zipcar inc. (NYSE: ZIP).

The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom.

Posted-In: News M&A

 

Related Articles (CAR + ZIP)

Around the Web, We're Loving...

Get Benzinga's Newsletters