Zipcar (ZIP) continues its expansion efforts (I, II), announcing it has exercised its option to...


Zipcar (ZIP) continues its expansion efforts (I, II), announcing it has exercised its option to obtain a majority stake (60%) in Barcelona-based car sharing service provider Avancar. Zipcar, which also recently acquired U.K. car rental firm Streetcar,  adds it plans on further expanding its European footprint going forward.

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