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United Rentals Drops $3.4 Billion Purchase of H&E Equipment
United Rentals Drops $3.4 Billion Purchase of H&E Equipment
H&E Says It Received a Superior Offer From Another Bidder
(Luke Sharrett/Bloomberg News)
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United Rentals Inc. abandoned its plan to acquire H&E Equipment Services Inc., declining to increase its original offer of $3.4 billion for the rival construction equipment suppli…
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