Why Avis Is Buying Car-Sharing Service Zipcar

Jan. 2 (Bloomberg) -- Avis Budget Group agreed to buy Zipcar, which rents cars by the hour or day, for $491 million, after losing in a race to acquire Dollar Thrifty Automotive Group. Christina Alesci reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Full Show: Bloomberg Businessweek (03/24)
05:06 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
  • S&P 500 Winners and Losers for 03/24
  • Full Show: Best of Bloomberg Markets Middle East (03/24)
  • How to Trade the Health Care Select Sector SPDR Fund