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
- Why McGrath RentCorp Stock Slumped on Wednesday [Yahoo! Finance]Yahoo! Finance
- Is Now The Time To Put McGrath RentCorp (NASDAQ:MGRC) On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- McGrath RentCorp falls after WillScot agrees to mutually terminate deal Sep. 18, 2024 8:14 AM ET By: Joshua Fineman , SA News Editor [Seeking Alpha]Seeking Alpha
- McGrath Confirms Agreement to Terminate Pending Merger with WillScotBusiness Wire
- McGrath RentCorp (NASDAQ: MGRC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
MGRC
Earnings
- 7/25/24 - Miss
MGRC
Sec Filings
- 9/18/24 - Form 8-K
- 8/5/24 - Form 4
- 8/2/24 - Form 8-K
- MGRC's page on the SEC website