Herc extends tender offer to acquire H&E Equipment Services

Herc Holdings Inc. (HRI) announced that it has extended its previously announced tender offer to acquire all of the outstanding shares of H&E Equipment Services, Inc. (HEES) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E share, in each case without interest, pursuant to the terms of the previously announced merger agreement, dated February 19, 2025, between Herc, HR Merger Sub, Inc. and H&E. 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, 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.