Herc Holdings commences tender offer for H&E Equipment Services at $78.75 cash plus 0.1287 shares per share

HERC HOLDINGS INC

Tender offer for all H&E shares at $78.75 cash and 0.1287 Herc common shares per H&E share.
Offer expires April 15, 2025; condition: majority of H&E shares tendered plus regulatory approvals.
Financing from available cash, sale of marketable securities, and amended credit facility (March 11, 2025).
Closing expected mid-year 2025; remaining shares acquired in second-step merger at same price.

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