United Rentals to Acquire H&E Equipment Services, Inc.

STAMFORD, Conn. and BATON ROUGE, La., Jan. 14, 2025 (GLOBE NEWSWIRE) -- United Rentals, Inc. (NYSE:URI) ("United Rentals" or "the company") and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ:HEES) ("H&E") today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. Founded in 1961, H&E provides its customers with a comp ...