United Rentals Gets U.S. Antitrust OK for RSC Acquisition

United Rentals Inc. and RSC Holdings Inc. have announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, relating to the previously announced acquisition of RSC by United Rentals, expired at 11:59 PM on January 20, 2012.

Expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the proposed transaction. Completion of the proposed transaction remains subject to certain other closing conditions, including, among others, expiration or termination of the waiting period under the Canadian Competition Act and receipt of a "no-action letter" from the Commissioner of Competition indicating that the Commissioner does not intend to oppose the proposed transaction.

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