McGrath RentCorp (MGRC) shares are gaining around 10 percent on Monday morning trade after agreeing to be acquired by WillScot Mobile Mini Holdings Corp. (WSC) for $3.8 billion. As per the agreement, McGrath shareholders will receive for each of their shares either $123.00 in cash or 2.8211 shares of WillScot Mobile Mini common stock.
Currently, MGRC is at $122.82, up 9.73 percent from the previous close of $111.75 on a volume of 352,614.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.