Reuters logo
BRIEF-Rent-A-Center Announces Proposal To Declassify Board Of Directors
December 21, 2017 / 12:50 PM / a month ago

BRIEF-Rent-A-Center Announces Proposal To Declassify Board Of Directors

Dec 21 (Reuters) - Rent-A-Center Inc:

* RENT-A-CENTER ANNOUNCES PROPOSAL TO DECLASSIFY BOARD OF DIRECTORS

* RENT-A-CENTER INC - BOARD VOTED UNANIMOUSLY TO SUBMIT A PROPOSAL TO COMPANY‘S STOCKHOLDERS AT ITS 2018 ANNUAL MEETING OF STOCKHOLDERS

* RENT-A-CENTER - BOARD VOTED TO SUBMIT PROPOSAL TO AMEND CO‘S CERTIFICATE OF INCORPORATION SUCH THAT ALL DIRECTORS WILL STAND FOR ELECTION ON ANNUAL BASIS

* RENT-A-CENTER INC SAYS “ENGAGED CAPITAL FULLY SUPPORTS DECLASSIFICATION OF RENT-A-CENTER‘S BOARD AND CORRESPONDING RESOLUTION”

* RENT-A-CENTER- AMENDMENT PERMITTING BOARD DECLASSIFICATION WILL REQUIRE APPROVAL OF STOCKHOLDERS REPRESENTING AT LEAST 80% OF SHARES ENTITLED TO VOTE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below