Herc Holdings Finalizes Acquisition Of H&E Rentals To Expand U.S. Market Presence
From Nasdaq: 2025-06-02 23:05:00
Herc Holdings Inc. has finalized the acquisition of H&E Equipment Services, expanding its fleet and presence in key rental regions. The deal included $78.75 in cash and 0.1287 shares of Herc stock per H&E share for shareholders. H&E’s common stock has been delisted from the NASDAQ post-acquisition. CEO Larry Silber sees the move as a strategic growth opportunity for Herc. Despite closing at $115.78 on Monday, down 6.63%, Herc’s stock remained unchanged in after-hours trading on the NYSE.
Read more at Nasdaq: Herc Holdings Finalizes Acquisition Of H&E Rentals To Expand U.S. Market Presence