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BRIEF-Herc to buy H&E for $3.83 billion after rival United Rentals exits deal

ReutersFeb 19, 2025 3:31 PM

- H&E Equipment Services Inc HEES.O:

  • HERC HOLDINGS AND H&E EQUIPMENT SERVICES ENTER INTO DEFINITIVE MERGER AGREEMENT

  • HERC HOLDINGS INC - H&E SHAREHOLDERS TO RECEIVE $78.75 CASH AND 0.1287 HERC SHARES PER SHARE

  • HERC HOLDINGS INC - PAYS $63.5 MILLION TERMINATION FEE TO UNITED RENTALS

Source text: nBw1c7K7Ga

Further company coverage: HEES.O

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