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...These debts include mortgages and loans for cars, rental equipment and yachts....
...Flemxpress.ch The future of boot rental? Vail Resorts, the largest ski operator in North America, is planning to shake up the equipment market by piloting a scheme that does away with rental shops....
...The new company, Hertz Equipment Rental Corporation or HERC, generated revenues of $1.5bn in 2013....
...The future of the equipment rental business, HERC, will be part of that review, according to people familiar with the situation....
...Hertz, the car rental company, advanced as it prepared to spin off its construction equipment rental business in a deal that could value the division at about $4.5bn....
...Hertz, the car rental group, became the latest US company to come under such pressure....
...United Rentals said on Friday it would buy RSC, an equipment rental company, for about $1.9bn in cash and stock, or about $18 a share – a 58 per cent premium to RSC’s last closing price....
...“We’re not owning the land; this is a rental. We have produced a sizeable investment so far that will be seen in the field, and the plan is for this project to sell locally.”...
...The boom in energy demand across much of the developing world prompted Aggreko to lift profit forecasts after the FTSE 100 power generator rental group secured a fresh batch of contracts from Kenya to Indonesia...
...Office rental group Regus fell 2.7 per cent to 101p in response to weaker-than-expected US jobs data....
...Since the spill, Cobalt has had to delay its drilling programme because of the moratorium, going as far as declaring force majeure on one of its rigs in order to avoid paying the rental on it....
...Shares in the DVD rental chain Blockbuster dived 29.2 per cent to 28 cents on comments by the company that it may file for bankruptcy due to competitive industry pressures....
...Silver Bait LLC produces fishing worms by the millions. But that’s only the beginning of what it produces....
...The collapse of the deal follows other big-ticket failures, such as the private equity buyout of audio equipment maker Harman International Industries, United Rentals and Sallie Mae....
...The spectre of broader contagion also hangs over Cerberus’s decision to abandon its buy-out of United Rentals, the equipment rental group, which was agreed in July....
...He began his career with Digital Equipment Corporation in 1985 before joining Compaq in 1998....
...In other merger-and-acquisition news, Blockbuster launched a $70m offer for Hollywood Entertainment, a rival video rental company....
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