WillScot Mobile Mini Holdings (WSC) has released an update.
WillScot Mobile Mini Holdings Corp. has entered into a merger agreement with McGrath RentCorp, involving a two-step acquisition process that will result in McGrath becoming a wholly-owned subsidiary of the company. However, the deal’s progress has been slowed down by a request for additional information from the FTC, which extends the review period under antitrust regulations. Despite this, both companies are cooperating with the FTC and intend to complete the acquisition once regulatory approvals and McGrath shareholder consent are secured.
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