StockNews.AI
HEES
StockNews.AI
190 days

H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES

1. Investigation into H&E's proposed sale to United Rentals for $92 per share. 2. Law firm seeks to determine if offer undervalues H&E Equipment Services. 3. Shareholders' rights may be impacted by the ongoing legal assessment. 4. Timely action is suggested due to the structure of the tender offer.

3m saved
Insight
Article

FAQ

Why Bearish?

Concerns over potential undervaluation may lead investors to reconsider holdings, similar to past low buyout offers.

How important is it?

The investigation could significantly affect the stock price and shareholder sentiment during this pivotal time.

Why Short Term?

Immediate legal investigations could influence H&E's market valuation prior to a finalized sale.

Related Companies

URI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-hees/ to learn more. Please note that the transaction is structured as a tender offer, such that time may be of the essence. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Related News