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More on Avis Budget's (CAR) purchase of Zipcar (ZIP): Scott Griffith will remain the CEO of...

More on Avis Budget's (CAR) purchase of Zipcar (ZIP): Scott Griffith will remain the CEO of Zipcar following the merger. The deal is expected to produce $50M to $70M a year in annual synergies and be accretive to earnings in the second year following the closing.
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