Brief: The Aaron's Company Enters into Definitive Agreement to Be Acquired by IQVentures for $10.10 Per Share

Aaron's

17/06/2024 12:12

June 17 (Reuters) - Aaron's Company Inc  AAN.N :
    * THE AARON'S COMPANY ENTERS INTO DEFINITIVE AGREEMENT TO BE
ACQUIRED BY IQVENTURES FOR $10.10 PER SHARE
    * AARON'S COMPANY INC - PROPOSED DEAL FOR ENTERPRISE VALUE
OF
APPROXIMATELY $504 MILLION
    * AARON'S COMPANY INC - TRANSACTION WAS UNANIMOUSLY APPROVED
BY
BOARD OF DIRECTORS OF AARON'S COMPANY
    * AARON'S COMPANY INC - UPON COMPLETION OF TRANSACTION,
AARON'S
COMPANY WILL BECOME A PRIVATELY HELD COMPANY
    * AARON'S COMPANY INC - FOLLOWING CLOSING OF TRANSACTION, IT
IS
EXPECTED THAT AARON'S COMPANY WILL CONTINUE TO OPERATE UNDER ITS
EXISTING BRAND NAMES

Source text for Eikon:  ID:nPn1pjck4a 
Further company coverage:  AAN.N 

 ((Reuters.Briefs@thomsonreuters.com;))