Zipcar, Inc.- Finkelstein Thompson LLP Investigates Potentially Unfair Merger Price
Shareholders of Zipcar, Inc. (NASDAQ: ZIP) (“Zipcar” or “the Company”)
may have potential claims concerning the proposed acquisition of the
Company by Avis Budget Group, Inc. Under the terms of the transaction,
Zipcar shareholders would receive $12.25 per share in cash for the
shares owned. The total value of the transaction is approximately $500
million.
The law firm Finkelstein Thompson LLP is investigating the potential
unfairness of the consideration to Zipcar shareholders, the process by
which Zipcar’s Board of Directors is considering the transaction, and
potential conflicts of interest among Zipcar’s Board members. At least
one analyst has set a price target for Zipcar stock at $13.00 per share.
If you are interested in discussing your rights as a Zipcar shareholder,
or have information relating to this investigation, please contact
Finkelstein Thompson’s Washington, DC offices at (202)-337-8000 or by
email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-counsel in
dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our website
at www.finkelsteinthompson.com.
Attorney advising. Prior results do not guarantee similar outcomes.
