Herc Holdings extends tender offer to acquire H&E Equipment
Written by Emily J. Thompson, Senior Investment Analyst
Tender Offer Announcement: Herc Holdings (HRI) has extended its tender offer to acquire all outstanding shares of H&E Equipment (HEES) for $78.75 in cash and 0.1287 shares of Herc common stock per H&E share.
Merger Agreement Details: This offer is in accordance with the previously announced merger agreement dated February 19, involving Herc, HR Merger Sub, Inc., and H&E.
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.
