United Rentals shareholder Fairholme Capital reports 18.1% stake

By Lisa Kerner

Charlotte, N.C., Dec. 19 - United Rentals, Inc. investors led by Fairholme Capital Management, LLC have an 18.1% ownership interest following the sale or transfer of 1,523,367 shares between Oct. 31 and Dec. 18.

The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Fairholme owns 10,655,608 shares of the Greenwich, Conn., equipment rental company.

In October, Fairholme called United Rentals' amended shareholder rights plan "an unnecessary and unreasonable barrier" to the board's obligation to protect the economic interests of its stockholders, especially in the current economic environment, a prior SEC filing said.

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