WillScot and McGrath RentCorp Mutually Agree to Terminate Previously Announced Combination [Financial Post (Toronto, Ontario, Canada)]
McGrath RentCorp (MGRC)
Last mcgrath rentcorp earnings: 4/29 04:01 pm
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Source: Financial Post
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) — WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that it has entered into an agreement with McGrath RentCorp (“McGrath”) (Nasdaq: MGRC) to terminate the companies' previously announced merger, pursuant to the terms of the January 28, 2024 merger agreement, under which WillScot would have acquired McGrath for a mix of cash and stock consideration. Although both companies continue to believe in the merits and procompetitive benefits of the combination, WillScot and McGrath mutually agreed to terminate the transaction based on a joint determination that there was no commercially reasonable path to clear the necessary regulatory requirements for the transaction. Despite extensive and exhaustiv
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MGRC
News
- McGrath RentCorp (NASDAQ: MGRC) had its price target raised by analysts at Oppenheimer Holdings Inc. from $124.00 to $139.00. They now have an "outperform" rating on the stock.MarketBeat
- McGrath to Present at the Baird 2024 Global Industrial ConferenceBusiness Wire
- WillScot Reports Third Quarter 2024 Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- McGrath RentCorp (NASDAQ: MGRC) had its price target raised by analysts at Oppenheimer Holdings Inc. from $120.00 to $124.00. They now have an "outperform" rating on the stock.MarketBeat
- McGrath RentCorp (MGRC) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MGRC
Earnings
- 10/24/24 - Beat
MGRC
Sec Filings
- 11/7/24 - Form 4
- 11/7/24 - Form 144
- 11/6/24 - Form 144
- MGRC's page on the SEC website