Article: Ardshiel sells equity position in National Car Rental. (National Car Rental System Inc.)

ARDSHIEL SELLS EQUITY POSITION IN NATIONAL CAR RENTAL

NEW YORK, Aug. 5 /PRNewswire/ -- Ardshiel, Inc. announces that it has reached a definitive agreement to sell its equity position in National Car Rental to a management group led by Fidelco Capital.

The transaction is expected to close in late September.

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