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Avis to Buy Zipcar

Wed 02 Jan 13 | 09:17 AM ET
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Avis to Buy Zipcar

Wed 02 Jan 13 | 09:17 AM ET
The "Squawk on the Street" crew reports shares of Zipcar are soaring on news the car-sharing service agreed to be acquired by Avis Budget Group for $500 million or $12.25 a share in cash.
 
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