NEW YORK, Dec. 16, 2011 /PRNewswire/ -- Tripp Levy
PLLC, a leading national securities law firm, announces an
investigation into the proposed acquisition of RSC Holdings, Inc.
(NYSE: RRR). It was announced that United Rentals, Inc.
(NYSE: URI) will acquire RSC in a cash-and-stock transaction valued
at $18 per share. Specifically,
each outstanding share of RSC common stock will be converted into
the right to receive $10.80 in cash
and 0.2783 of a share of URI common stock.
The investigation concerns, among other things, whether the
consideration to be paid to RSC shareholders is unfair, inadequate,
and substantially below the fair or inherent value of RSC.
The investigation further concerns whether the board of directors
of RSC may have breached their fiduciary duties by not acting in
RSC shareholders' best interests in connection with the sale
process of RSC.
If you own RSC common stock and you wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact:
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Tripp
Levy
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Tripp Levy
PLLC
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125 East
82nd Street
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9th
Floor
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New York,
New York
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Toll Free:
877-772-3975
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Email:
contact@tripplevy.com
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Tripp Levy PLLC is a national law firm that specializes in
mergers & acquisitions, takeover litigation, shareholder
rights, and corporate governance matters in state and federal
courts throughout the United
States. Attorney advertising. Prior results do not guarantee
a similar outcome.
Contacts
Tripp Levy PLLC
Tripp Levy, 877-772-3975
contact@tripplevy.com
SOURCE Tripp Levy PLLC