FTC Terminates Waiting Period for United Rentals, Neff Merger



United Rentals and Neff announced the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending acquisition of Neff by United Rentals.

The termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the pending acquisition, which remains subject to other customary closing conditions. The company has reaffirmed its expectation that the transaction will close in early October.

United Rentals is the largest equipment rental company in the world. The company has an integrated network of 960 rental locations in 49 states and every Canadian province.

Based in Miami, Neff is a regional equipment rental company in the U.S., focused on the fast growing Sunbelt States.


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