United Rentals commences previously announced tender offer for H&E Equipment

United Rental (URI) announced that its indirect wholly-owned subsidiary, UR Merger Sub VII Corporation, a Delaware corporation has commenced the previously announced cash tender offer to purchase all of the issued and outstanding shares of common stock, par value $0.01 per share of H&E Equipment Services, Inc. (HEES) for a price of $92.00 per share, net to the holder thereof in cash, without interest, less any applicable withholding of taxes. The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated January 28, 2025, and the related Letter of Transmittal and pursuant to the terms of the previously announced Agreement and Plan of Merger, dated as of January 13, 2025, by and among URI, Merger Sub and H&E.