Herc Holdings extends tender offer to acquire H&E Equipment Services
Herc Holdings Inc. has extended its previously announced tender offer to May 22. 2025 to meet remaining conditions of tender offer.
The offer, which was previously scheduled to expire at one minute past 11:59 p.m. Eastern Time on May 13, 2025, has been extended until one minute past 11:59 p.m. Eastern Time on May 22, 2025, unless further extended in accordance with the terms of the merger agreement.
The offer was extended to allow additional time for the satisfaction of the remaining conditions of the tender offer, including receipt of applicable regulatory approvals.
The offer remains subject to the conditions to the completion of the offer, as set forth in the prospectus/offer to exchange, dated March 19, 2025 (as subsequently amended), the related letter of transmittal and certain other offer documents, copies of which are attached to the Tender Offer Statement on Schedule TO filed by the Company and H&E with the U.S. Securities and Exchange Commission on March 19, 2025, as subsequently amended.
Computershare Trust Company, N.A., the depository and paying agent for the Ooffer, has advised Herc Holdings that as of close of business on May 7, 2025, 11,999,305 H&E shares have been validly tendered and not validly withdrawn pursuant to the offer. This represents approximately 32.73 percent of the outstanding H&E shares, and an additional 53,759 H&E shares were tendered pursuant to guaranteed delivery procedures, representing an additional approximate 0.15 percent of the outstanding H&E shares.
PRO CONTRACTOR RENTALS MAGAZINE
Pro Contractor Rentals provides information of value to rental centers who focus time, resources and attention on meeting the demands of construction contractors and other equipment rental customers.
