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Shares of H&E rose 13% following the offer from Herc, which represented a premium of nearly 20% on the stock's last close on ...
U.S. machinery rental firm Herc Holdings is poised to acquire smaller rival H&E Equipment Services for $3.83 billion after outbidding leader United Rentals, according to company statements on Tuesday.
Herc and H&E have more complementary portfolios by fleet-mix, including earthmoving and general rental equipment, according to Barclays' machinery & construction analyst Adam Seiden. "Herc’s ...
The deal comes after a twist: H&E had a prior merger agreement with a competitor of Herc, United Rentals, that it terminated.
Construction Equipment Rentals Equipment Rental Boom Lift Rentals Customer Service EZ Equipment Rental, a leader in Da ...
DTL35 applications include excavating, grading, brush cutting, pushing snow and loading trucks. Develon showed its DTL35 ...
United Rentals abandoned its plan to acquire H&E Equipment Services, declining to increase its original offer of $3.4 billion for the rival construction equipment supplier.
H&E Equipment Services has ended its previous agreement with United Rentals Inc. to accept a higher offer from Herc Holdings ...
Baton Rouge-based H&E Equipment Services, which announced last month it had reached a $4.8 billion deal to be purchased by ...