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United buys RSC
Posted By Marcia Gruver Doyle On December 16, 2011 @ 9:34 am In Construction News | No Comments
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 .
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