Loading...
Market
Will United Rentals' stock price increase by more than 10% by June 30, 2025, post-acquisition?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Stock price data from financial market platforms like Yahoo Finance or Bloomberg
Story
United Rentals Acquires H&E Equipment Services for $4.8 Billion at $92 Per Share, Adding 64,000 Units, Closing Q1 2025
Jan 14, 2025, 11:35 AM
United Rentals Inc. has announced its acquisition of H&E Equipment Services, Inc. for $92 per share in a cash deal valued at $4.8 billion, which includes $1.4 billion in net debt. This acquisition will enhance United Rentals' fleet by adding 64,000 units and expanding its operational footprint across more than 30 states. The transaction is expected to close in the first quarter of 2025. The purchase price represents a premium of over 100% compared to H&E's recent closing price of $43.94 per share. This strategic move positions United Rentals as a more dominant player in the equipment rental sector.
View original story
Similar markets
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by more than 10% • 25%
Decrease by 0-10% • 25%
Increase by 0-5% • 25%
Decrease by more than 5% • 25%
Increase by more than 5% • 25%
Decrease by 0-5% • 25%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Underperforms S&P 500 • 25%
Performs on par with S&P 500 • 25%
Outperforms S&P 500 • 25%
Significant drop (>10%) • 25%
