United buys RSC
Marcia Gruver Doyle | 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.

There are no comments

Join the Conversation

Your email address will not be published. Required fields are marked *