Avis Makes A $500 Million Bid For ZipCar

Is car-sharing a trend for the future, or a flash-in-the-pan? That’s the question on a lot of minds these days as companies like ZipCar continue to grow, especially in the younger demographics. Eager to get into the game as well, rental car company Avis has put in a $491 million bid to buy ZipCar, though there are already questions regarding the legality of the sale.

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