Rent-A-Center reaches deal to sell company
June 18, 2018
Vintage Capital has reached a deal with Rent-A-Center’s board to acquire the company for $15 a share in an all-cash deal. Vintage Capital has a history in the rent-to-own channel. The equity firm has a controlling interest in Buddy’s Home Furnishings, the third largest chain in the rent-to-own vertical.
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