Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services
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#Herc Holdings and H&E Equipment Services Announce Expiration of the Tender Offer to Acquire Shares of H&E Equipment Services and Expected Closing Date
Introduction On May 30, 2025, Herc Holdings Inc. (NYSE: HRI) and H&E Equipment Services, Inc. operating under the name H&E Rentals (NASDAQ: HEES), announced the expiration of their tender offer aimed at acquiring outstanding shares of H&E common stock. The deal, which entails exchanging each share of H&E for $78.75 in cash and 0.1287 shares of Herc common stock, signifies a strategic effort by Herc to expand its footprint in the equipment rental…
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