Mobile Mini Merges with Mobile Storage

Mobile Mini Inc. (Nasdaq: MINI), a Tempe, Ariz.-based provider of portable storage solutions, has signed a definitive agreement to merge with Mobile Storage Group Inc., a Glendale, Calif.-based provider of portable storage. The transaction is valued at about $701.5 million. Mobile Storage Group, which will assume senior roles with the combined organization, is majority owned by Welsh, Carson, Anderson & Stowe.