Herc Holdings Completes Acquisition of H&E Equipment Services, Expanding North American Rental Presence

Reuters06-02

Herc Holdings Completes Acquisition of H&E Equipment Services, Expanding North American Rental Presence

Herc Holdings Inc., a leading equipment rental supplier in North America, has announced the completion of its acquisition of H&E Equipment Services, Inc., doing business as H&E Rentals. Under the terms of the merger, Herc Rentals acquired all of the issued and outstanding shares of H&E's common stock for $78.75 in cash and 0.1287 shares of Herc Rentals common stock per share. With this acquisition, shares of H&E common stock have ceased trading and will no longer be listed on the NASDAQ. Herc's President and CEO, Larry Silber, highlighted that the acquisition strengthens Herc's position as a premier rental company in North America by expanding its network and capabilities, offering a broader range of rental products, and enhancing customer service and safety.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Herc Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250601645360) on June 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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