Retail News

Vintage Capital makes $800M offer for Rent-A-Center

Reuters 07/11/2017

Vintage Capital has sent a letter offering to acquire Rent-A-Center and take it private for $800 million. Rent-A-Center’s board rejected the offer, which equates to $15 per share, as “significantly” under-valuing its worth. The company’s shares closed at $11.10 per share in trading yesterday.

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