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WillScot Mobile Mini Agrees To Acquire McGrath RentCorp For $3.8B

Author: Benzinga Newsdesk | January 29, 2024 07:03am

McGrath shareholders will receive for each of their shares either $123.00 in cash or 2.8211 shares of WillScot Mobile Mini common stock.  The transaction values McGrath at an enterprise value of $3.8 billion, including approximately $800 million of net debt, and the per-share consideration represents a premium of 10.1% to McGrath's closing stock price on January 26, 2024.

Posted In: MGRC WSC


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