AAN - Why Lease-To-Own Retailer Aaron's Shares Are Surging Today | Benzinga
Aaron’s Company, Inc. (NYSE:AAN) shares are surging after the lease-to-own retailer entered into a definitive agreement to be acquired by the fintech organization IQVentures Holdings, LLC.
IQVentures will acquire the company for $10.10 per share in cash, or an enterprise value of approximately $504 million.
The price represents a premium of 34.0% over the company’s closing share ...