09:01 AM EDT, 05/30/2025 (MT Newswires) -- Herc Holdings ( HRI ) said Friday its tender offer to acquire H&E Equipment Services ( HEES ) expired at one minute past 11:59 pm ET on Thursday.

The company said that roughly 69% of H&E shares were tendered by the deadline and will be paid in cash and stock as previously outlined.

Following the completion of the merger, slated for June 2, H&E will become a wholly-owned unit of Herc ( HRI ), and its shares will be delisted from the Nasdaq stock exchange, Herc ( HRI ) said.