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Rent-A-Center Inc (RCII.OQ)

RCII.OQ on NASDAQ Stock Exchange Global Select Market

14.15USD
25 Sep 2018
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Mon, Jun 18 2018

Vintage Capital to take Rent-A-Center private in $1.37 billion deal

Rent-A-Center Inc agreed to be taken private by buyout firm Vintage Capital Management in a deal that valued the rent-to-own furniture retailer at $1.37 billion, including debt, following a year-long pressure from activist investors.

UPDATE 2-Vintage Capital to take Rent-A-Center private in $1.37 bln deal

* Deal to close by end of 2018 (Adds details, analyst comments; Updates shares)

CORRECTED-Vintage Capital to buy Rent-A-Center in a deal valued at $1.37 bln

June 18 Rent-A-Center Inc will be acquired by an affiliate of buyout firm Vintage Capital Management in a deal valued at $1.37 billion, including debt, the U.S. furniture retailer said on Monday.

Deals of the day-Mergers and acquisitions

June 12 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Vintage Capital raises Rent-A-Center offer to $14 per share

Buyout firm Vintage Capital Management on Tuesday sweetened its offer for Rent-A-Center Inc to $14 per share in cash, a day after the retailer ended its sale process saying it had not received a satisfactory takeover offer.

UPDATE 1-Vintage Capital raises Rent-A-Center offer to $14 per share

June 12 Buyout firm Vintage Capital Management on Tuesday sweetened its offer for Rent-A-Center Inc to $14 per share in cash, a day after the retailer ended its sale process saying it had not received a satisfactory takeover offer.

Vintage Capital raises offer for Rent-A-Center to $14 per share

June 12 Buyout firm Vintage Capital Management on Tuesday sweetened its offer for Rent-A-Center Inc to $14 per share cash, a day after the retailer ended its sale process saying it had not received a satisfactory takeover offer.

Rent-A-Center gets increased offer after ending strategic review

Rent-A-Center Inc said on Monday it received an increased offer to acquire the company from one of the suitors that was involved in its sale process, hours after the rent-to-own furniture retailer said it ended its strategic review.

UPDATE 1-Rent-A-Center gets increased offer after ending strategic review

June 11 Rent-A-Center Inc said on Monday it received an increased offer to acquire the company from one of the suitors that was involved in its sale process, hours after the rent-to-own furniture retailer said it ended its strategic review.

Rent-A-Center fails to find suitable buyer, ends strategic review

June 11 Rent-A-Center ended its strategic review and a potential sale of the company as it did not receive any proposals that met the objectives for a sale, the rent-to-own furniture retailer said late on Sunday.

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