United Rentals' (URI) National Pump Deal is Credit Positive, Citi Says
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United Rentals (URI) Acquires National Pump for $780M
March 10, 2014 6:11 AM EDTUnited Rentals, Inc. (NYSE: URI) entered into a definitive asset purchase agreement to acquire National Pump, the second largest specialty pump rental company in North America. Under the terms of the agreement, United Rentals will also acquire GulfCo, a two branch general rental business also based in Texas. The combined purchase price for the assets is approximately $780 million. The Board... More
