"Our similar customer-centric cultures and commitment to operational excellence will provide even greater value to our customers and facilitate a smooth integration." The cash portion of the transaction will be financed through new debt and drawing down current loan facilities. United Rentals said it received financing commitments from Morgan Stanley (NYSE:MS), Bank of America Merrill Lynch (NYSE:BAC) and Wells Fargo (NYSE:WFC). United Rentals also said it plans to authorize a $200 million stock buyback program after the deal closes. Shares of RSC rallied 57.78% to $17.91 ahead of the open, while United Rentals gained 4.88% to $27.31.