UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
United Rentals, Inc.
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
911363109
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(CUSIP Number)
Steven F. Mayer, President with a copy to:
RAM Holdings, Inc. Robert G. Minion, Esq.
c/o Cerberus Capital Management, L.P. Lowenstein Sandler PC
299 Park Avenue, 22nd Floor 1251 Avenue of the Americas
New York, New York 10171 18th Floor
(212) 891-2100 New York, New York 10020
(973) 597-2424
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 23, 2007
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule l3G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Cusip No. 911363109
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1) Names of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only):
RAM Holdings, Inc.
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2) Check the Appropriate Box if a Member of a Group (See Instructions):
(a) [ ]
(b) [X]
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3) SEC Use Only
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4) Source of Funds (See Instructions): WC, OO
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5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e):
Not Applicable
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6) Citizenship or Place of Organization: Delaware
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Number of 7) Sole Voting Power: 0*
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Shares Beneficially 8) Shared Voting Power: 0*
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Owned by
Each Reporting 9) Sole Dispositive Power: 0*
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Person With 10) Shared Dispositive Power: 0*
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11) Aggregate Amount Beneficially Owned by Each Reporting Person: 0*
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12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions):
Not Applicable
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13) Percent of Class Represented by Amount in Row (11): 0*
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14) Type of Reporting Person (See Instructions): CO
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* Neither the filing of this Schedule 13D nor any of its contents shall be
deemed to constitute an admission by RAM Holdings, Inc. or any other person that
it previously was the beneficial owner of any of the common stock of United
Rentals, Inc. referred to herein for purposes of Section 13(d) of the Securities
Exchange Act of 1934, as amended, or for any other purpose, and such beneficial
ownership is expressly disclaimed.
Item 4. Purpose of Transaction.
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On December 23, 2007, the Company terminated the Merger Agreement,
which automatically resulted in the termination of the Stockholders Agreements.
The Stockholders Agreements were a condition to the willingness of RAM and
Merger Sub to enter into the Merger Agreement, and were entered into by the
parties thereto in order to ensure that the Stockholders and Warrant Holders
voted their Shares in favor of the adoption of the Merger Agreement in
accordance with and subject to the terms set forth in the Stockholders
Agreements.
Item 5. Interests in Securities of the Issuer.
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As of December 23, 2007, RAM beneficially owns no Shares. By virtue of
the termination of the Merger Agreement and the resulting termination of the
Stockholders Agreements, as of December 23, 2007 RAM may no longer be deemed to
be the beneficial owner of more than five percent of the Company's common stock
(including any Shares that it may have previously been deemed to beneficially
own as a result of such agreements).
Signature
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After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 2, 2008
RAM HOLDINGS, INC.
By: /s/ Steven F. Mayer
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Name: Steven F. Mayer
Title: President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).