The company said that on February 19, 2025, United Rentals, its wholly owned subsidiary UR Merger Sub VII Corporation, and H&E Equipment Services, Inc. agreed to terminate the Agreement and Plan of Merger.

1. 01

   The company said that on February 19, 2025, United Rentals, its wholly owned subsidiary UR Merger Sub VII Corporation, and H&E Equipment Services, Inc. agreed to terminate the Agreement and Plan of Merger.

2. 02

   The company said it withdrew the cash tender offer for all outstanding H&E common stock, which it had commenced on January 28, 2025, on February 19, 2025, because the termination of the merger agreement meant one of the offer's conditions could not be satisfied.

3. 03

   The company said H&E will pay United Rentals a termination fee of $63,523,892 concurrently with the termination of the merger agreement, pursuant to the terms and conditions of the agreement.

4. 04

   The company also said the amended and restated bridge facility commitment letter entered into by United Rentals and United Rentals (North America), Inc. with Morgan Stanley Senior Funding, Inc. and other financial institutions in connection with the transactions contemplated by the merger agreement has also been terminated.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

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