1. Rent-A-Center to Be Taken Private by Vintage

    Rent-A-Center to Be Taken Private by Vintage

    Vintage, which originally offered $13 per share for Rent-A-Center last fall, made a $14-per-share proposal on June 12. Rent-A-Center said Monday its board had unanimously accepted an improved $15-per-share offer that represents a premium of 25% to the stock’s Friday close. The board “is confident [the proposal] maximizes value for stockholders while delivering a significant and immediate cash premium,” CEO Mitch Fadel said in a news release...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. We believe that the combination of Rent-A-Center, Buddy's, and Vintage is a compelling opportunity to utilize our resources and expertise to enhance value and create a leader in the rent-to-own industry.
  3. Topics Mentioned

  4. Authors