Cerberus to buy United Rentals for $4 billion

(Reuters) - The deal is worth $34.50 per share, which represents a 6.6
percent premium to the company's closing price on Friday. It
also includes $2.6 billion in debt, bringing the total value to
$6.6 billion.




Under the terms of the deal, United Rentals, which claims
to be the largest equipment rental company in the world, may
continue to solicit other bids through Aug. 31.


Read more at Reuters.com Bonds News

UPDATE 1-Cerberus to buy United Rentals for $4 billion

(Reuters) - The deal is worth $34.50 per share, which represents a 6.6
percent premium to the company's closing price on Friday. It
also includes $2.6 billion in debt, bringing the total value to
$6.6 billion.




Under the terms of the deal with the private equity fund,
United Rentals may continue to solicit bids from third parties
through Aug. 31.


Read more at Reuters.com Mergers News

EU clears UTC to buy Rentokil unit

(Reuters) - Rentokil's diversified business includes electronic security
as well as pest control, tropical plant hire and guard
businesses.




The Commission, the European Union's highest antitrust
regulator, said the deal would cause overlaps in the Dutch and
British markets for alarm monitoring and for the installation
and maintenance of electronic security systems.


Read more at Reuters.com Mergers News