United rentals to acquire general finance corporation

Stamford, conn. & pasadena, calif.--(business wire)--united rentals, inc. (nyse: uri) (“united rentals” or “the company”) and general finance corporation (nasdaq: gfn) (“general finance”) today announced their entry into a definitive agreement under which united rentals will acquire general finance for $19 per share in cash, representing a total enterprise value of approximately $996 million, including the assumption of $400 million of net debt. the transaction is expected to be accretive to ep
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