McGrath Rentcorp is a leading provider of modular buildings, portable storage solutions, and related services in the United States
The company specializes in offering flexible, cost-effective space solutions for a variety of sectors, including education, construction, healthcare, and commercial businesses. By supplying high-quality modular structures and efficient storage options, McGrath Rentcorp enables clients to meet their dynamic space requirements while maintaining operational efficiency. Renowned for its customer-oriented approach, the company also provides support services such as transportation, installation, and maintenance, ensuring a seamless experience for its customers.
Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million.
McGrath, WillScot announced termination of merger. WillScot's Board expands repurchase program to $1B. McGrath will receive $180 million termination fee from WillScot.
U.S. stocks traded mixed, with the Dow Jones trading slightly lower on Monday. Shares of SoFi Technologies, Inc. (NASDAQ: SOFI) rose sharply during Monday’s session after the company reported better-than-expected fourth-quarter revenue.
McGrath RentCorp (NASDAQ: MGRC) sees a 9.62% surge as WillScot Mobile Mini's $3.8 billion acquisition deal unfolds. McGrath shareholders to choose between $123.00 cash or 2.8211 WillScot Mobile Mini shares, impacting 60% in cash and 40% in stocks. The strategic move aims to enhance WillScot's North American leadership in turnkey space solutions.
