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Avis Budget (NASDAQ:CAR) says its deal to purchase Zipcar (ZIP) received clearance from U.S....

Feb. 12, 2013 8:27 AM ETAvis Budget Group, Inc. (CAR) StockCARBy: Clark Schultz, SA News Editor

Avis Budget (NASDAQ:CAR) says its deal to purchase Zipcar (ZIP) received clearance from U.S. regulators. With that hurdle out of the way, the companies expect the merger to be finalized in either March or April.

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