Tender Offer - UNITED RENTALS NORTH AMERICA INC
Form Type: 8-K
Filing Date: 2025-02-19
Corporate Action: Tender-offer
Type: Termination
Accession Number: 000110465925014999
Filing Summary: On February 19, 2025, United Rentals, Inc. (URI), along with its wholly owned subsidiary UR Merger Sub VII Corporation and H&E Equipment Services, Inc. (H&E), agreed to terminate the Agreement and Plan of Merger. As a result of this termination, URI and the Merger Sub withdrew their cash tender offer to purchase all outstanding shares of H&E, which had commenced on January 28, 2025. Concurrent to the termination, H&E will pay URI a termination fee of $63,523,892. Additionally, the bridge facility commitment letter related to the transactions specified in the terminated Merger Agreement has also been terminated.
Additional details:
Merger Agreement Termination Date: 2025-02-19
Termination Fee Amount: 63,523,892
Tender Offer Start Date: 2025-01-28
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