M&A Update – Feb 18

– HEES to be acquired by HRI for $78.75 cash + 0.1287x shares, 138.0% premium, 13.7% premium to URI bid, $5.6 billion, URI will no longer pursue merger
– AGRO received unsolicited proposal from Tether at $12.41 cash per share, 26.8% premium
– INFN / NOK announced expected close on Feb 28
– PTVE / Novolex (Apollo) filed China SAMR under simplified procedure
– PYCR / PAYX filed DEFM14c, filed HSR Jan 22, closing H1 2025
– DFS / COF votes
– NARI tender expires