18-06-2018 17:54 via dfw.cbslocal.com

Rent-A-Center Going Private In $800 Million Sale

NEW YORK (CBSDFW.COM/AP) — Rent-A-Center is being sold to a private equity firm for more than $800 million.
The chain, which leases household goods on a rent-to-own basis, got a second offer from Vintage Capital Management for $15 per share, a 25 percent premium to the company’s closing price on Friday, and a dollar more per-share than Vintage bid the previous week. The Plano-based company said Monday that it’s accepted the second bid.
In a statement, Rent-A-Center Chief E
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