McGrath RentCorp supplements proxy disclosures for WillScot merger amid shareholder lawsuits

MCGRATH RENTCORP

Company received nine demand letters and three complaints challenging proxy statement adequacy.
McGrath denies violations but voluntarily adds details to avoid litigation delays to merger.
Supplement adds standstill terms: no 'don't ask, don't waive' clause in WillScot confidentiality agreement.
Goldman Sachs' fairness opinion inputs disclosed: net debt $762M, shares 24.67M, multiples 9-11x.
Merger consideration: $73.80 cash plus 1.1284 WillScot shares per MGRC share (60% cash/40% stock proration).

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