ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of H&E Equipment Services, Inc.
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Rowley Law PLLC is investigating potential securities law violations by H&E Equipment Services, Inc. (NASDAQ: HEES) and its board regarding the proposed acquisition by Herc Holdings Inc. (NYSE: HRI). Shareholders will receive $78.75 and 0.1287 shares of HRI for each HEES share.
February 19, 2025 | 9:15 pm
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H&E Equipment Services is under investigation for potential securities law violations related to its proposed acquisition by Herc Holdings. Shareholders are set to receive $78.75 and 0.1287 shares of HRI per HEES share.
The investigation by Rowley Law PLLC could impact the acquisition process, but the offer details provide a clear valuation for HEES shares. The legal scrutiny may cause uncertainty, but the acquisition terms are favorable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Herc Holdings is involved in the proposed acquisition of H&E Equipment Services, which is under legal investigation. The acquisition terms involve issuing 0.1287 shares of HRI for each HEES share.
The legal investigation into HEES could affect the acquisition process, but the impact on HRI is less direct. The issuance of HRI shares as part of the acquisition terms is a key factor for investors.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80