Monday, December 24, 2007

United Rentals ends takeover, demands $100 million fee (Reuters)



A United Rentals location in an undated photo. United Rentals said on Monday it terminated its $4 billion takeover by Cerberus Capital Management and asked Cerberus to pay it a $100 million termination fee. (Handout/Reuters)Reuters - Equipment rental group United Rentals
Inc said on Monday it terminated its $4 billion
takeover by Cerberus Capital Management and asked Cerberus to
pay it a $100 million termination fee.




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