McGrath Confirms Agreement to Terminate Pending Merger with WillScot
McGrath RentCorp (MGRC)
Last mcgrath rentcorp earnings: 4/29 04:01 pm
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Source: Business Wire
McGrath to receive $180 million termination fee from WillScotBoard increases share repurchase authorization to 2 million sharesMcGrath to provide updates on financial outlook, business strategy and capital allocation during its third-quarter earnings conference call on October 24, 2024 LIVERMORE, Calif.--(BUSINESS WIRE)--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. In accordance with the terms of the merger agreement, McGrath is receiving a termination fee of $180 million.Joseph Hanna, President and Chief Executive Officer of McGrath, said: “Modular and portable storage solutions is a dynamic industry and, as we move forward, we will continue to grow and succeed through our unrelenting commitment to putting the customer first. The propos
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MGRC
News
- Are Options Traders Betting on a Big Move in McGrath RentCorp (MGRC) Stock? [Yahoo! Finance]Yahoo! Finance
- McGrath Declares Quarterly DividendBusiness Wire
- WillScot Holdings: Under The Radar Roll-Up With Attractive Unit Economics [Seeking Alpha]Seeking Alpha
- McGrath RentCorp (NASDAQ: MGRC) is now covered by analysts at CJS Securities. They set an "outperform" rating and a $152.00 price target on the stock.MarketBeat
- McGrath to Participate in the Oppenheimer Midwest Virtual SummitBusiness Wire
MGRC
Earnings
- 10/24/24 - Beat
MGRC
Sec Filings
- 12/16/24 - Form 8-K
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- MGRC's page on the SEC website