Rentcash to sell or spin off Insta-rent

Knell, Michael J.
September 2006
Furniture/Today;9/11/2006, Vol. 31 Issue 2, p38
Trade Publication
The article reports on the plan of Rentcash to sell or spin off its Insta-rent division which rents furniture, appliances, electronics and computers with or without an option to purchase. Gordon Reykdal, Rentcash chairman, explains that the move will enable the company to provide better clarity on both business models and have a positive long-term impact on shareholder value. The division has focused on improving the performance of existing stores.


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