MSNBC.com: Business
United Rentals Inc. said Monday it will seek $100 million after a Delaware court ruled that private equity company Cerberus was not obligated to complete a $4 billion buyout of the equipment-rental company that it abandoned last month.
NYT > DealBook
United Rentals said on Monday that it will not appeal a Delaware judge’s ruling Friday that Cerberus Capital Management cannot be forced to complete its $4 billion buyout of the rental equipment operator. United Rentals said that it will terminate the deal and ask the private equity firm to pay the $100 million breakup fee stipulated [...]
chicagotribune.com - Business
United Rentals Inc. wants $100 million after a Delaware court ruled that private equity company Cerberus was not obligated to complete a $4 billion buyout that it abandoned last month.