Herc Holdings (HRI) will acquire H&E Equipment Service (HEES) under a definitive merger agreement as the latter terminated its prior deal with United Rentals (URI), the companies said Wednesday.

H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced that it has determined that a definitive offer from Herc Holdings Inc. (NYSE: HRI) ("Herc") to acquire all of the ...