McGrath RentCorp, WillScot
WillScot cut to equal weight at Barclays after abandoning McGrath deal
WillScot (NASDAQ:WSC) was cut to equal weight at Barclays after the company mutually agreed to terminate its planned acquisition of McGrath RentCorp (MGRC) due to regulatory pushback against the deal.
McGrath Confirms Agreement to Terminate Pending Merger with WillScot
McGrath RentCorp ("McGrath" or the "Company") (Nasdaq: MGRC), a leading business-to-business rental company in North America, today confirmed that WillScot Holdings Corporation ("WillScot") (Nasdaq: WSC) and the Company mutually agreed to terminate their previously announced merger agreement.
McGrath RentCorp, WillScot Agree To Terminate Merger - Quick Facts
McGrath RentCorp (MGRC) confirmed that WillScot Holdings (WSC) and the company mutually agreed to terminate their merger agreement.
McGrath RentCorp falls after WillScot agrees to mutually terminate deal
McGrath RentCorp (NASDAQ:MGRC) dropped 3% in premarket trading after the company and WillScot Mobile Mini (NASDAQ:WSC) agreed to mutually a planned $3.8 billion takeover of McGrath. WillScot rose 2%.
WillScot and McGrath RentCorp Mutually Agree to Terminate Previously Announced Combination
WillScot Remains Focused on Executing $1 Billion of Idiosyncratic Growth Opportunities Board Increases Share Repurchase Authorization to $1 Billion PHOENIX, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC),
WillScott, McGrath terminate $3.8 billion acquisition deal
WillScot Holdings mutually terminated its $3.8 billion acquisition of McGrath RentCorp, the latter said on Wednesday. McGrath said it would receive $180 million in termination fees from WillScot. Based in Phoenix,
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Sidoti Issues Buy Rating for McGrath RentCorp (MGRC) Stock
McGrath RentCorp (MGRC) stock saw a decline, ending the day at $98.99 which represents a decrease of $-3.20 or -3.13% from the prior close of $102.19. The stock opened at $95.5 and touched a low of ...
WillScot And McGrath Scrap Merger Amid Regulatory Hurdles; Pivot To Stock Buybacks
McGrath, WillScot announced termination of merger. WillScot's Board expands repurchase program to $1B. McGrath will receive ...
McGrath RentCorp: Modular Momentum, But Merger Muddles Outlook (Rating Downgrade)
McGrath RentCorp rents out equipment through Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex divisions. See ...
Mergers & Acquisitions
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McGrath Rentcorp
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McGrath RentCorp continues dividend streak
LIVERMORE, Calif. - McGrath RentCorp (NASDAQ: MGRC), a prominent North American business-to-business rental company, has declared a quarterly cash dividend of $0.475 per common share for the ...
FTC Release: FTC Statement Regarding WillScot's Decision to Abandon Proposed $3.8 Billion Acquisition of Competitor McGrath RentCorp
Phoenix, Arizona-based WillScot Holdings Corporation (WillScot) today announced that it is abandoning its proposed acquisition of McGrath RentCorp (McGrath). Under the merger agreement, which the ...