GENERAL FINANCE ALERT: Bragar Eagel & Squire, P.C. Announces That Tender Offer to Acquire GFN Has Commenced and Encourages Investors to Contact the Firm

New York, New York, UNITED STATES


NEW YORK, April 27, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the board members of General Finance Corporation (NASDAQ: GFN) breached their fiduciary duties or violated the federal securities laws in connection with the company’s proposed sale to United Rentals, Inc. (NYSE: URI).  

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On April 15, 2021, General Finance announced that it had signed an agreement to be acquired by United Rentals for approximately $996 million. On April 26, 2021, United Rentals commenced a tender offer to acquire all outstanding shares of General Finance common stock for $19 in cash.

The tender offer commenced on April 26, 2021, and is scheduled to expire on May 21, 2021, at 12:00 midnight, New York Time.

Bragar Eagel & Squire is concerned that General Finance’s board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for General Finance’s stockholders.

If you own shares of General Finance and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at investigations@bespc.com or telephone at (646) 860-9157, or by filling out this contact form. There is no cost or obligation to you.

About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:
Bragar Eagel & Squire, P.C.
Melissa Fortunato, Esq.
Alexandra Raymond, Esq.
investigations@bespc.com
www.bespc.com