Tripp Levy PLLC Announces Investigation of Acquisition of RSC Holdings on Behalf of RSC Shareholders
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:
Tripp Levy |
Tripp Levy PLLC |
125 East 82nd Street |
9th Floor |
New York, New York |
Toll Free: 877-772-3975 |
Email: [email protected] |
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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
[email protected]
SOURCE Tripp Levy PLLC
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