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We provide the latest news from the world of economics and finance
(RTTNews) - McGrath RentCorp (MGRC) shares are gaining around 10 percent on Monday morning trade after agreeing to be acquired by WillScot Mobile Mini Holdings Corp. (WSC) for $3.8 billion. As per the agreement, McGrath shareholders will receive for each of their shares either $123.00 in cash or 2.8211 shares of WillScot Mobile Mini common stock.
Currently, MGRC is at $122.82, up 9.73 percent from the previous close of $111.75 on a volume of 352,614.
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