United rentals, inc. will no longer pursue the acquisition of h&e equipment services, inc.

Stamford, conn.--(business wire)--united rentals, inc. (nyse: uri) (“united rentals” or “the company”) today announced that it has notified h&e equipment services, inc. (“h&e”) that it does not intend to submit a revised proposal for the acquisition of h&e, which will permit h&e to terminate united rentals' previously announced merger agreement with h&e. matthew flannery, chief executive officer of united rentals, said, “one of our key responsibilities as a management team i.
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