Herc Holdings Inc. (HRI), an equipment rental supplier, on Friday announced that it has extended its tender offer to acquire H&E Equipment Services, Inc. (HEES) for $78.75 in cash and 0.1287 of Herc shares for each H&E share.
The extended deadline is from May 22 to May 29, to allow more time to meet remaining conditions under the merger agreement.
The merger agreement was signed on February 19 between Herc, HR Merger Sub, Inc., and H&E Equipment.
In the pre-market trading, 2.66% lesser at $124.42 on the New York Stock Exchange.
On Thursday, H&E Equipment Services closed trading, 0.35% higher at $94.96 on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.