United Rentals announced Sept. 20 that a majority of its bond and securities holders have consented to amending the indentures that require the timely filing of reports with the Securities and Exchange Commission. The amendments would give the company until March 31to regain compliance. United Rentals announced the consent solicitation Aug. 22. The company is working toward finalizing its results for 2004 and subsequent periods.
In August of last year United Rentals announced the SEC was conducting a non-public, fact-finding inquiry of the company. The SEC notice stated the inquiry does not mean it has concluded the company broke the law.
The equipment rental company also announced it has opened trench safety rental branches in Pensacola, Fla., and Chester, Penn. Both locations will sell and rent underground construction equipment and offer contractor supplies.
