Feb 18 (Reuters) - H&E Equipment Services ( HEES ) has

accepted a roughly $5.3 billion takeover bid from Herc Rentals,

rebuffing an earlier acquisition offer from equipment rental

rival United Rentals ( URI ), the Financial Times reported on

Tuesday.

The proposal from Herc Rentals, a unit of Herc Holdings ( HRI )

, values H&E's shares at nearly $105 each - with 75% paid

in cash and the remainder in Herc ( HRI ) stock, the report said.

The offer is superior to United Rentals' ( URI ) bid, which valued

the company at $92 a share.

Herc's ( HRI ) cash-and-stock bid values H&E at nearly $500 million

more than United's all-cash offer, the report said.

H&E, Herc Rentals and United Rentals ( URI ) did not immediately

respond to Reuters' requests for comment.

(Reporting by Shivani Tanna in Bengaluru; Editing by Savio

D'Souza and Subhranshu Sahu)