Exclusive: WillScot in bid to acquire Mobile Mini - sources
(Reuters) - WillScot Corp , the largest U.S. provider of mobile office trailers, has made an offer to acquire Mobile Mini Inc the biggest U.S. provider of portable storage solutions, people familiar with the matter said on Wednesday.
(Reuters) - WillScot Corp
WillScot has made an offer that values Mobile Mini in the mid-to-high $30-per-share range, and would be funded for the most part by using WillScot shares as currency, the sources said.
Negotiations between the two companies are ongoing and there is no certainty a deal will be agreed, the sources said.
Mobile Mini is also considering alternative transactions, including acquiring the U.S. assets of mobile storage company General Finance Corp
The sources asked not to be identified because the matter is confidential. Mobile Mini declined to comment, while representatives for WillScot and General Finance did not immediately respond to requests for comment.
(Reporting by Greg Roumeliotis in New York; Editing by Tom Brown)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
By Johannes Hellstrom, Bart H.
By Medha Singh and Shivani Kumaresan (Reuters) - Wall Street gained on Friday as Disney and Cisco's upbeat results brought the focus back to corporate earnings at the end of a volatile trading week that saw record surges in coronavirus cases and increased hopes of a working vaccine.
By Sumita Layek (Reuters) - Gold gained as much as 1.1% on Friday as rising global coronavirus infections re-ignited concerns about the economic toll from the pandemic, while scepticism over the reach of a potential COVID-19 vaccine further boosted the safe-haven metal. Spot gold rose 0.8% to $1,890.81 per ounce by 11:33 a.m