United Rentals to acquire RSC
US rental giants United Rentals and RSC Holdings have agreed a merger deal under which United will acquire RSC in a cash-and-stock transaction valued at $18 per share, or a total enterprise value of US$4.2 billion, including $2.3 billion of net debt.
United Rentals Inc., an equipment rental company, on Wednesday said its tender offer for about 27.2 million shares is oversubscribed.