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The transaction values the India-based carsharing service at approximately $456 million. The combined company, Zoomcar Holdings, is expected to list on Nasdaq.
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A year after announcing its intent to go public, P2P car rental company Turo has filed with the SEC for its IPO.
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The rental operator has filed a registration statement for a proposed public offering of its common stock.
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An article by The Motley Fool suggests investors opt for stocks in Uber rather than Hertz and Avis.
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Avis Budget Group and Zipcar announced on March 7 that Zipcar stockholders voted to approve the adoption of the merger agreement with Avis Budget Group.
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