The Bay Area has another advantage for the start-ups: an educated car-sharing consumer thanks to City Carshare, a not-for-profit celebrating its 10th anniversary this year, and Zipcar Inc., the short-term car-rental service that recently went public. ❋ Stacey B. Delo (2011)
This week is going to be quite active for IPO issuance in the U.S., with a half-dozen deals lining up, including two standouts that investors seem keen on: short-term car-rental company Zipcar Inc. and Latin America's McDonald's Corp. franchisee, Arcos Dorados Holdings Inc. ❋ Lynn Cowan (2011)
The IPO of short-term car-rental company Zipcar took off Thursday, rising 66% on its first trade. ❋ Lynn Cowan (2011)
The IPO of short-term car-rental company Zipcar Inc. took off like a shot Thursday, rising 67% on its first trade. ❋ Lynn Cowan (2011)
In their first day trading as public companies, short-term car-rental company Zipcar surged 10.00, or 56%, to 28.00, while Arcos Dorados Holdings , the company that runs McDonald's franchises in Latin America, soared 4.20, or 25%, to 21.20. ❋ Kristina Peterson (2011)
All this for a company with an unorthodox short-term car-rental business that despite 560,000 customer-members in 14 major cities including Toronto and Vancouver and more than 230 university campuses has never turned a profit in its 11 years in business. ❋ DAVID PARKINSON (2011)
Avis plans to acquire Avis Europe for about $1 billion, a deal that could leave the fate of its bid for U.S. car-rental rival Dollar Thrifty up in the air. ❋ Unknown (2011)
Likewise, car-rental companies and some taxi services are increasingly submitting receipts automatically. ❋ Scott McCartney (2011)
Consolidation has been expected in the car-rental industry, partly because it has suffered from a decrease in business travel and falling used-car values. ❋ Gina Chon (2011)
In May, Hertz returned to the bidding war for Dollar Thrifty, offering about $2.2 billion for the car-rental firm. ❋ Gina Chon (2011)
Avis Europe has a license to operate the Avis and Budget car-rental brands in Europe, Africa, the Middle East and Asia; its U.S.-based counterpart operates the brands in the rest of the world. ❋ Gina Chon (2011)
Hertz, the second-largest car-rental company in the U.S. in terms of revenue behind closely held Enterprise Holdings, has been eying fourth-largest player Dollar Thrifty for years, as has third-largest Avis. ❋ Kathy Shwiff (2010)
The company struck a deal with Zipcar Inc. to add car-rental services to more of its apartment communities in New York, Boston, Washington, D.C., and Seattle. ❋ Unknown (2011)
I took just enough time to change, grab my purse, tell Dyamond and Destiny to pack ASAP and get to another hotel to wait for me, and then hopped my bruised and battered ass in a taxi to the nearest car-rental place. ❋ Meesha Mink (2011)
Avis Budget Group Inc. said Tuesday it plans to acquire Avis Europe PLC for about $1 billion, a deal that could leave the fate of Avis Budget's bid for U.S. car-rental rival Dollar Thrifty Automotive Group Inc. up in the air. ❋ Gina Chon (2011)
The contest for control of the car-rental chain is now Avis Budget Group 's to lose. ❋ Rolfe Winkler (2010)
Avis Budget Group Inc. said it would agree to pay a $20 million reverse-termination fee in a merger agreement with Dollar Thrifty Automotive Group Inc. if that car-rental company's shareholders don't approve a $1.53 billion deal with Hertz Global Holdings Inc. at a meeting Thursday morning in Chicago. ❋ Kathy Shwiff (2010)
Hertz, the No. 2 competitor in the U.S. car-rental market behind Enterprise Holdings, and No. 3 Avis have been fighting to buy No. 4 Dollar Thrifty since April. ❋ Doug Cameron (2010)
These projects include car-rental projects for urban areas and related services. ❋ Christoph Rauwald (2011)
Dollar Thrifty Automotive Group Inc. shareholders on Thursday threw out an agreed $1.54 billion buyout by Hertz Global Holdings Inc., opening the door for Avis Budget Group Inc. to win control of the nation's fourth-largest car-rental group by sales. ❋ Doug Cameron (2010)
