United buys RSC

|  December 16, 2011 |

In a $4.2 billion transaction, United Rentals has bought the number-two player in the rental market, RSC Holdings. United Rentals says the buy creates a company with “more attractive business mix, greater scale and enhanced growth prospects.” In addition, the combination will accelerate United’s growth with industrial customers and “provide a lower cost base and less volatile revenue profile to better position the company through all phases of the business cycle.”

To view the release, click here.

advertisement
advertisement
advertisement
advertisement
advertisement
Show us your ink! Construction tattoo contest winner gets $500 Click here to enter.
Hello. Add your message here.