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The company plans to update its 2021 financial outlook to reflect the combined operations when it releases financial results for the second quarter in July.

United Rentals (URI) Buys General Finance for $19 Per Share Zacks.com 4 hrs ago United Rentals, Inc.’s URI subsidiary, UR Merger Sub VI Corporation (Merger Sub) has completed the formerly-decided agreement to purchase General Finance Corporation (“GFN”). Per the tender offer, United Rentals paid $19 per share to General Finance, in cash, without interest, less any applicable withholding of taxes. Popular Searches General Finance — which operates as Pac-Van and Container King in the Un...

United Rentals Acquires Mobile Storage Supplier SHARE April 21, 2021 United Rentals will buy General Finance, a supplier of mobile storage and modular office space, for $996 million. General operates as Pac-Van and Container King in the United States. The boards of directors both companies have approved the transaction, which is subject to customary closing conditions. United Rentals intends to commence a tender offer by Apri...

Press release content from Business Wire. The AP news staff was not involved in its creation. United Rentals to Acquire General Finance Corporation April 16, 2021 GMT STAMFORD, Conn. & PASADENA, Calif.--(BUSINESS WIRE)--Apr 15, 2021-- 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 $...

United Rentals To Buy General Finance In $996 Mln Deal The transaction is expected to be accretive to earnings per share and free cash flow upon close. General Finance, which operates as Pac-Van and Container King in the U.S. and Canada, and as Royal Wolf in Australia and New Zealand, is a provider of mobile storage and modular office space. Its network of 106 branches and over 900 employees serves diverse end markets, including construction, commercial, industrial, retail, transportation, petr...

General Finance Agrees to $1 Billion Buyout Offer from United Rentals Source: Streetwise Reports  (4/16/21) General Finance Corp. shares traded 56% higher after the company reported that it agreed to be acquired by United Rentals for $19 per share in cash in a deal valued at $996 million. Specialty rental services company General Finance Corp. (GFN:NASDAQ), which provides mobile storage, liquid containment and portable modular space services, yesterday announced that it e...

Shares of General Finance (NASDAQ:GFN) gained more than 50% on Friday morning after the portable storage company announced it has agreed to be acquired by United Rentals (NYSE:URI) for $996 million. The deal offers a substantial premium to General Finances Thursday close, and the stock is moving as a result. So what After markets closed Thursday United Rentals announced its intention to acquire General Finance for $19 per share in cash, well above the targets previous close of $12.17. General...

United Rentals, Inc. URI recently reached an agreement to acquire General Finance Corporation GFN. Per the deal, United Rentals will pay $19 per share in cash to General Finance. The total enterprise value stands at nearly $996 million, which includes the assumption of $400 million of net debt. Deal Rationale General Finance, which is a major provider of mobile storage as well as modular office space, operates as Pac-Van and Container King in...