United rentals to acquire h&e equipment services, inc.

Stamford, conn. & baton rouge, la.--(business wire)--united rentals, inc. (nyse: uri) (“united rentals” or “the company”) and h&e equipment services, inc. d/b/a h&e rentals (nasdaq: hees) (“h&e”) today announced their entry into a definitive agreement under which united rentals will acquire h&e for $92 per share in cash, reflecting a total enterprise value of approximately $4.8 billion, including approximately $1.4 billion of net debt. founded in 1961, h&e provides its custo.
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