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United and RSC Shareholders Approve Merger

United Rentals and RSC Logos

Shareholders in United Rentals have voted overwhelmingly in favor of the proposed merger with RSC. The company says that votes representing 83 percent of the outstanding shares approved the agreement and plan of merger at the meeting held on Friday. 

Additionally, 99 percent of the shares present at the special meeting, or represented by proxy, approved the issue of new shares in United Rentals to shareholders in RSC in connection with the merger.

RSC shareholders also approved the merger on Friday, clearing the deal to close this week.

Source: http://www.vertikal.net/en/news/story/14739/

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