Herc Holdings Extends Tender Offer to Acquire H&E Equipment Services
1. Herc Holdings extends tender offer for H&E Equipment at $78.75 per share. 2. The offer includes cash and Herc stock for H&E shareholders.
1. Herc Holdings extends tender offer for H&E Equipment at $78.75 per share. 2. The offer includes cash and Herc stock for H&E shareholders.
Such acquisition offers often lead to immediate share price increases, as seen during similar past transactions, indicating strong market confidence in HEES.
The ongoing acquisition will likely lead to increased trading volume and interest in HEES stock.
The tender offer is expected to have immediate influence as shareholders may respond swiftly to cash offers.