Milbank LLP advised H&E Equipment Services, Inc. in connection with its previously announced acquisition by Herc Holdings Inc. (NYSE: HRI). The transaction was completed through a successful tender offer of $78.75 in cash and 0.1287 shares of Herc common stock for each share of H&E common stock. H&E’s stock ceased trading on the NASDAQ under the ticker symbol HEES, effective today.
Milbank is serving as legal counsel to H&E, with a deal team led by Global Corporate/M&A partners Derek Winokur and Iliana Ongun; Executive Compensation partners Mike Shah and Kelly Bartley; Tax partner Edward Lemanowicz; Corporate Finance and Securities partners Antonio Diaz-Albertini, Brett Nadritch and Jonathon Jackson; Antitrust partners Adam Di Vincenzo and Grant Bermann; and Litigation partner Dan Perry. The team also included Global Corporate/M&A associates Rachel Rice, Leslie Hamic, Ryan Aymard, Jacklyn Weon, Joshua Rosenberg and Daniel Munden; Antitrust special counsel Alexis Brown-Reilly and associate Ari Blask; Intellectual Property special counsel John Garces; Tax associate Michael Rivkin; Executive Compensation associate Joo Hyeon Lee; Litigation associate Victor Hollenberg; and Corporate Finance and Securities associate Ian Hunley.
