U.S. machinery rental firm Herc Holdings is poised to acquire smaller rival H&E Equipment Services for $3.83 billion ...

Machinery rentals firm Herc Holdings has signed a deal to buy H&E Equipment Services for $3.83 billion, excluding debt, after ...

Herc Holdings (HRI) announced a binding acquisition proposal and merger agreement with H&E Rentals (HEE) that will see it ...

H&E Rentals has accepted a higher acquisition bid from Herc Rentals, terminating a previous agreement H&E had with United ...

Herc’s cash-and-stock bid values H&E at nearly $500mn more than United’s all-cash offer, which the takeover target’s board ...

Herc Holdings (HRI) and H&E Equipment Services, Inc. d/b/a H&E Rentals (HEES) announced that H&E has terminated its prior merger ...

H&E Equipment Services has ended its previous agreement with United Rentals Inc. to accept a higher offer from Herc Holdings ...

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

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 ...

Under the merger agreement, H&E is required to pay a termination fee of about $63.5 million to United Rentals if H&E terminates its deal with Herc. Herc has agreed to pay the termination fee to United ...

H&E has notified United Rentals that it will terminate their merger agreement and enter into a new one with Herc. United Rentals won't submit a revised proposal and has waived its four business day ...

Following H&E's previous agreement with United Rentals, Herc paid a termination fee of $63.52 million to United Rentals on behalf of H&E. The buyout comes at a time when equipment rental demand is ...