CNBC   |  January 02, 2013

Zipcar stock soars after $500M deal with Avis

The "Squawk on the Street" crew reports that shares of Zipcar are soaring after news broke that the car-sharing service has agreed to be acquired by Avis Budget Group for $500 million or $12.25 a share in cash.

Share This:

Sorry, we do not have a transcript available for this video at this time.