Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Tender Offer Extension: Herc Holdings Inc. has extended its tender offer to acquire H&E Equipment Services, offering $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, now set to expire on April 29, 2025, to allow time for regulatory approvals.
Current Tender Status: As of April 15, 2025, approximately 48.84% of H&E's outstanding shares have been tendered in the offer, with additional shares submitted through guaranteed delivery procedures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
