United Rentals to acquire Neff for $1.3 billion

United Rentals agreed to acquire Neff for $1.3 billion in cash, or $25 per share, winning a bidding war against H&E Equipment Services.

“United Rentals said Thursday that it had reached a deal to acquire Miami-based Neff, winning a bidding war in another shakeup for the equipment-rentals sector.”usatoday.com

• 5 sources
• usatoday.comUnited Rentals acquires Neff in shakeup for equipment-rental businessNathan BomeyAug 17, 2017
• rermag.comUnited Rentals to Acquire Neff Rental in $1.3 Billion Deal | Rental Equipment RegisterMichael RothAug 17, 2017
• equipmentworld.comUnited Rentals to buy Neff Corporation for $1.32 billion | Equipment WorldChris Hill (EQWAug 17, 2017
• fuelsandlubes.comUnited Rentals Expands Power & HVAC Fleet with Acquisition of Portable Power Assets - F&L AsiaAug 22, 2017
• ttnews.comUnited Rentals to Acquire Neff Rentals for $1.3 Billion - TT

Summarized from public sources; check the original articles before acting on it.