United Parcel Service Inc (UPS) stock saw a modest uptick, ending the day at $125.84 which represents a slight increase of $0.83 or 0.66% from the prior close of $125.01. The stock opened at $125.37 and touched a low of $124.

Tuesday announced its plan to buy H&E Equipment Services, Inc. (HEES), an equipment rental company, for $92 per share in cash, amounting to a total of nearly $4.8 billion, including net debt of about $1.

United Rentals has agreed to acquire H&E Equipment Services for $92 a share, which would more than double the smaller rental company's market capitalization to $3.37 billion. The Stamford, Conn.-based equipment-rental company said Tuesday that it intends to commence a tender offer later this month to buy all outstanding H&E shares for $92 in cash,

United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&E”) today announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash,