Avis Budget Group will purchase Avis Europe for about $1 billion in a deal slated to close later this year, the companies announced Tuesday. Avis Budget also offered an update with regards to its ...

Avis Budget (NYSE:CAR) is buying its European counterpart for 635 million pounds ($1 billion) is an effort to reunite the Avis and Budget brands under one corporate umbrella and boost its strategic ...

Avis Budget Group has confirmed shareholders of Avis Europe have voted overwhelmingly to approve the proposed acquisition of the European company by the American giant. As a result, the acquisition is ...

Avis Budget Group agreed to purchase Avis Europe for about $1 billion in a deal that "unifies Avis and Budget brands globally under single corporate ownership," according to a company statement. Avis ...

Avis Budget Group, Inc. and Avis Europe have announced an agreement for Avis Budget to acquire all outstanding shares of Avis Europe in an estimated $1 billion dollar deal. The acquisition unifies ...

Late in 2011 Avis Europe was reunited with Avis Budget Group to create a company with annual revenues of approximately $7 billion and owned or licensed operations in more than 150 countries. Breaking ...

Car rental company Avis Budget Group Inc. said Tuesday it will take over Avis Europe in a $1 billion deal, raising the possibility that Avis Budget may back away from a bidding war for U.S. rival ...

Avis Budget Group’s third-quarter profit fell 9% from a year earlier, as higher costs stemming from the company’s October acquisition of Avis Europe more than offset a jump in overseas demand for car ...