Page 8 - Equipment Rental Company News Today : Breaking News, Live Updates & Top Stories | Vimarsana

United Rentals, Inc. (URI) revealed that it has completed the formerly announced acquisition of General Finance Corporation (GFN). Shares of the equipment rental company have gained 137% over the past year. United Rentals CEO Matthew Flannery commented, “We’re delighted to welcome our new customers and team members to United Rentals. This is an acquisition with strong strategic and financial merits, timed to serve the increasing demand in our end markets. It expands our growth capacity with the addition of leading mobile storage and modular office solutions, including over 900 employees with complementary expertise. As customers turn to us for the equipment they need, we’re giving them the industry’s most complete range of solutions to help them succeed.” Management will update its financial guidance for FY2021 to include the merger in its upcoming second-quarter earnings report in July. (See United Rentals stock analysis on TipRanks) Per the terms of ....

United Rentals , General Finance , Equipment Rental Company , Financial Guidance , ஒன்றுபட்டது வாடகைகள் ,