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An announcement from United Rentals ( (URI) ) is now available.
On February 19, 2025, United Rentals, Inc. and its subsidiary UR Merger Sub VII Corporation withdrew their cash tender offer to purchase H&E Equipment Services, Inc. due to the termination of their merger agreement. As part of the termination, H&E will pay United Rentals a termination fee of over $63 million, and the bridge facility commitment letter associated with the merger has also been terminated.
More about United Rentals
United Rentals, Inc. operates in the equipment rental industry, offering a wide range of equipment for rent to various sectors, including construction and industrial companies.
YTD Price Performance: 5.48%
Average Trading Volume: 579,869
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $48.41B
See more insights into URI stock on TipRanks’ Stock Analysis page.
