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URI Hit With Class Action Over Failed Cerberus Deal

By Marc Tracy ( January 25, 2008, 12:00 AM EST) -- A proposed class of United Rentals Inc. shareholders is suing the company under federal securities laws, alleging that in late 2007 it withheld, for almost three months, the news that its proposed $6.6 billion purchase by Cerberus Capital Management LP had soured....

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