United Rentals says Cerberus trial delayed by a day

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The company said the trial would now start on December 18, adding that the postponement was to allow the parties to continue settlement discussions that were recently initiated.

(Reuters) - Equipment rental company United Rentals Inc <URI.N> said the trial in the suit against Cerberus Capital Management LP <CBS.UL> would be postponed by a day by mutual consent of the parties.

The company said the trial would now start on December 18, adding that the postponement was to allow the parties to continue settlement discussions that were recently initiated.

In November, United Rentals sued Cerberus after it pulled its takeover offer of $34.50 a share.

(Reporting by Avishek Mishra in Bangalore; Editing by Amitha Rajan)

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