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☆ Host of Trump fundraiser made racist comments in the workplace, former employee says in settled lawsuit
▼ + stars: | 2024-06-05 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Trump is scheduled to attend the event in Las Vegas at the Ahern Luxury Boutique Hotel, which is owned by businessman Don Ahern. In 2022, an employee who worked at Ahern Rentals for 17 years alleged in a lawsuit that he witnessed Don Ahern repeatedly make racist and bigoted statements in the workplace. Among Townsend's allegations are that he heard Don Ahern say, "We don't like hiring n------. "Sir, within the last year or so before you left Ahern Rentals, did you hear Don Ahern use the N-word?" Two months later, United Rentals announced plans to acquire Ahern Rentals for $2 billion.

Persons: Don Ahern, Donald Trump, Mark Townsend, Ahern, Townsend, Trump, Mohammed Sami Bakdash, Bakdash Organizations: Xtreme Manufacturing, Ahern, CNBC, Trump, Ahern Rentals, United Rentals Locations: Henderson , Nevada, Las Vegas

☆ Stocks on the cheap — Here are 11 names with single-digit P/Es that could rally
▼ + stars: | 2022-12-31 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

On the tail-end of a down year, there are some stocks that might be cheaper than they should be. That has led to a down year for the majority of stocks — and all but one of the 11 sectors — in the broad index. But this sharp decline could present a buying opportunity, as some stocks are set to rally. Along with PulteGroup , it also has the lowest forward price-to-earnings ratio among the names on the list, at 6.2 times. Further down the list, United Rentals has a price-to-earnings ratio of 9.6.

☆ United Rentals to acquire Ahern Rentals for $2 billion
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - United Rentals Inc (URI.N) said on Monday it will acquire the assets of smaller rival Ahern Rentals Inc in an all-cash deal for about $2 billion, as the equipment rental firm looks to expand its U.S. presence. Ahern was founded in 1953 and is a family-owned equipment rental firm with about 2,100 employees. It operates across 106 locations in 30 U.S. states, with a rental fleet that consists of aerial lifts. Sullivan & Cromwell LLP acted as legal advisor to United. Reporting by Nathan Gomes and Priyamvada C in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

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