RSC Holdings Inc. (RRR) announced that Ripplewood Holdings, L.L.C., a private equity firm holding about 34% of outstanding RSC Holdings common stock through two of its funds, has distributed approximately 26.6 million RSC common shares to its limited partners and is retaining ownership of the remaining 8.2 million shares.
Simultaneously, Ripplewood's four representatives on the Board of Directors of RSC Holdings have resigned. Ripplewood's representatives were Timothy Collins, Christopher Minnetian, Scott Spielvogel and Donald Wagner. Concurrently, the Board of Directors reduced its size to eight members taking into account of the four vacancies created by these resignations.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.