Herc Extends Tender Offer To Acquire H&E Equipment Services Until May 29
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Herc Holdings Inc. has extended its tender offer to acquire H&E Equipment Services, Inc. until May 29, offering $78.75 in cash and 0.1287 of Herc shares for each H&E share. The extension allows more time to meet conditions of the merger agreement signed on February 19. In pre-market trading, Herc shares fell 2.66% to $124.42, while H&E shares rose 0.35% to $94.96 on the Nasdaq.
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