July 14, 2017 / 1:50 PM / a month ago

H&E Equipment to buy Neff for about $1.2 bln

July 14 (Reuters) - H&E Equipment Services Inc said on Friday it would buy construction equipment rental chain Neff Corp for about $1.2 billion, including debt.

The cash offer of $21.07 per share represents a 7 percent premium to Neff's Thursday close. (Reporting by Arunima Banerjee in Bengaluru; Editing by Shounak Dasgupta)

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