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H&E Equipment Services and Neff Corp. entered into a definitive merger agreement under which H&E will acquire Neff Corp. for a total enterprise value of about $1.2 billion, including approximately $690 million of net debt. The transaction is expected to close in late Q3 or early Q4 2017.
“This agreement accelerates our stated strategy to expand our footprint across the United States as we seek to penetrate and grow our business in strategic business segments.”rermag.com
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