Fox Business - The Power to Prosper
Search Site

Zipcar

Kirkland builds leading M&A practice on big hires, deals

The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software , have one common link: Kirkland & Ellis LLP.The law firm, which served as a legal adviser on those deals as well as several other of the largest transactions of the year, with a combined deal value of $56.6 billion, has jumped to ninth place in the ranking of merger advisers, up from 18th in 2012, according to Thomson Reuters data released on Monday.Just four years ago in 2009, Kirkland ranked 72nd in the legal league table.When ranked by the number of deals with a value of $100 million or more, Kirkland was the second-biggest merger adviser, having worked on 70 deals so far this year, Thomson Reuters data showed."What has changed recently at Kirkland is that while we continue to grow the number of deals, we've significantly grown the number of high profile, high-value deals," said Daniel ...

Read More

  1. Avis Buying Zipcar in Deal Worth Nearly $500M

    FBN’s Diane Macedo on Avis Budget Group’s deal to buy Zipcar .

  2. Avis to buy Zipcar as slow economy boosts car-share business

    Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million, surpassing larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc t...

  3. Wall Street extends gains on "cliff" deal

    U.S. stocks jumped on the year's first day of trading, after Washington lawmakers cut a last-minute deal to avert automatic tax hikes that threatened to stunt econom...

  4. Wall Street starts 2013 with a rally on "cliff" agreement

    Stocks soared on the first day of trading in 2013, after Washington lawmakers cut a last-minute deal to avoid automatic tax hikes that threatened to pinch economic g...

  5. Stocks Soar on Fiscal Cliff Deal; Dow Climbs More Than 300 Points

    The U.S. stock market surged on Wednesday as lawmakers reached a last minute agreement to avert the fiscal cliff.Investors who had been concerned about the immediate...

  6. Wall Street surges in wake of fiscal pact

    Stocks surged on the first trading day of 2013 after lawmakers agreed a deal to avoid massive tax hikes and spending cuts that had threatened to hurt economic growth...

  7. Avis Budget enters car-sharing market with Zipcar buy

    Car rental company Avis Budget Group Inc said it will buy Zipcar Inc for about $500 million in cash to enter the fast-growing U.S. car-sharing market.The offer of $1...

  8. Avis Budget to buy Zipcar for $500 million

    Car rental company Avis Budget Group Inc said it will buy U.S. car-sharing company Zipcar Inc for about $500 million in cash.The offer of $12.25 per share is at a pr...

  9. Avis Plunks Down $500M to Acquire Zipcar

    After being left out of recent consolidation in the industry, car rental company Avis Budget (NASDAQ:CAR) unveiled a $500 million deal on Wednesday to drive away wit...

  10. Zipcar Projects Full-year Profit For 2012

    Car-sharing service Zipcar late Thursday exceeded Wall Street's third-quarter view and projected 2012 would mark its first profitable year. Zipcar made $4.3 million,...

  11. Are Women Entrepreneurs Breaking Into the Boys' Club?

    Silicon Valley has long been accused of being a closed boys’ club. But today, women entrepreneurs are cracking it open, creating initiatives and opportunities in their wake.

  12. Microsoft Pushes New Windows to Developers

    Days after launching Windows 8, Microsoft Corp (NASDAQ:MSFT) is mounting a strong campaign to win over the software developers it needs to kick-start its new operati...

  1. Plan Your Marketing Around the Question 'What If?'

    Yesterday's marketing plan won’t work in tomorrow's world. Follow the leaders by redesigning your strategies around 3 essential questions.

  2. Zipcar to Settle Shareholder Lawsuit Tied to Planned Avis Deal

    Hourly car-rental company Zipcar Inc. (ZIP) disclosed it signed an agreement to settle a class-action shareholder lawsuit and other legal cases stemming from a $500 ...

  3. Zipcar 4Q Net Triples as Membership Grows

    Zipcar (NASDAQ:ZIP) reported on Friday fourth-quarter earnings that tripled on higher membership and a significant tax benefit, while the company is nearing the comp...

  4. Avis' buy of tiny Zipcar could be in antitrust fast lane

    When car rental giant Avis announced in early January that it planned to buy Zipcar, hipsters across the United States gnashed their teeth in unison.But an informal ...

  5. Wall Street starts new year with a bang after "cliff" deal

    Stocks kicked off the new year with their best day in over a year on Wednesday, sparked by relief over a last-minute deal in Washington to avert the "fiscal cliff" o...

  6. "Cliff" deal drives Wall Street rally to start new year

    U.S. stocks kicked off the new year with their best day in over a year on Wednesday, sparked by relief over a last-minute deal in Washington to avert the "fiscal cli...

  7. Wall Street rallies on "fiscal cliff" agreement

    Stocks began the new year with a broad rally on Wednesday, sparked by a last-minute deal in Washington to avert the "fiscal cliff" of tax hikes and spending cuts tha...

‹ Prev123Next ›
Freebase CC-BY
Source: Zipcar on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL