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Avis Budget Group, Inc. is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar.
Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey. Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group. Avis Budget Group operates the Avis brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa.
In July 2011, Hertz's bid was increased to US$1.91 billion, competing against rival Avis Budget Group's offer of US$1.55 billion. Finally, on November 19, 2012, Hertz Global Holdings former Chairman and CEO Mark P. Frissora announced the company's purchase of Dollar Thrifty Automotive Group for US$2.3 billion.
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Avis Budget Group (NAS: CAR) is expected to report Q3 earnings on Oct. 30. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter ...
The 10-second takeaway For the quarter ended Sep. 30 (Q3), Avis Budget Group met expectations on revenues and missed estimates on earnings per Avis Budget Group (NAS: CAR) reported earnings on Nov. 1.