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Stock impact report

Herc Holdings, H&E Equipment announce expiration of tender offer [Yahoo! Finance]

Herc Holdings Inc. (HRI) 
Last herc holdings inc. earnings: 4/23 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hercrentals.com
Company Research Source: Yahoo! Finance
outstanding share of H&E common stock for $78.75 in cash and 0.1287 shares of Herc common stock, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub and H&E. The Offer, which was extended on May 23, 2025, expired at one minute past 11:59 p.m. Eastern Time on May 29, 2025. The Depository and Paying Agent for the Offer has advised Herc that as of the expiration of the Offer, a total of 25,369,090 H&E Shares were validly tendered and not validly withdrawn in the Offer, representing approximately 69.33% of the outstanding H&E Shares. As of such expiration, all conditions to the Offer have been satisfied or waived and Merger Sub has accepted for payment all H&E Shares validly tendered and not validly withdrawn in accordance with the terms of the Offer. Herc, Merger Sub and H&E currently expect to close the acquisition on June 2, 2025. Easily unpack a company's performance with TipRanks' ne Show less Read more
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