RAC to buy Rent-Way

Thomas, Larry
August 2006
Furniture/Today;8/14/2006, Vol. 30 Issue 48, p1
Trade Publication
The article reports on the agreement of Rent-A-Center, an operator of rent-to-own stores in North America, to acquire Rent-Way for $567 million. Under the agreement, Rent-A-Center will pay $10.65 in cash for each share of Rent-Way stock. Also, the holders of Rent-Way stock options will receive the difference between the exercise price and $10.65.


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