Herc Holdings, H&E Equipment Services Agree to Merge
Herc Holdings acquires H&E Equipment Services in a deal worth $104.89 per share. The merger creates a leading rental company with $5.2 billion in revenue, expecting $300 million in annual synergies. The deal strengthens Herc's market presence and is projected to be highly accretive, aiming for net leverage below 3.0x within 24 months of closing....
machineryasia 
Herc Holdings acquires H&E Equipment Services in a deal worth $104.89 per share. The merger creates a leading rental company with $5.2 billion in revenue, expecting $300 million in annual synergies. The deal strengthens Herc's market presence and is projected to be highly accretive, aiming for net leverage below 3.0x within 24 months of closing....
