US: Zipcar finalises IPO terms

Car-share company Zipcar Inc has outlined the terms for its proposed initial public offering (IPO), reports MarketWatch. In a filing with the Securities and Exchange Commission, the company said it would offer 8.3 million shares with price range of US$14-$16 per share. Of the total, Zipcar will sell 6.67 million Subscribe to Automotive World to … Continued

• By Webmaster
• April 1, 2011