rent-a-center
More and more companies are dumping their corporate jets
Message to jet-setting CEOs: It may be wheels down until your bottom line improves. Rent-A-Center, which faced pressure from activist investors over the last year over alleged bloated expenses, sold...
Rent-A-Center shares soar on privatization hopes
Rent-A-Center shares soared Tuesday on hopes that the company would do an about-face and decide to go private. Private equity firm Vintage Capital presented the rent-to-own company’s board with an...
Rent-A-Center execs accused of using company jet for personal trips
Rent-A-Center may be in the business of leasing furniture and other items, but when it came to deciding how to budget for a company jet, the executives chose to buy....
Rent-a-Center shares soar after rejecting takeover bid
Rent-A-Center shares soared 8.9 percent to $12.09 on Tuesday after it was revealed that the rent-to-own chain had rejected a $15 a share takeover bid from a Florida private equity...
Hedgie slams Rent-A-Center's board for taking two-month vacation
Hedgie Glenn Welling of Engaged Capital was eager to get to work at Rent-A-Center — unfortunately, he learned that the company’s board is on vacation. That didn’t go over so...
Rent-a-Center faces a possible sale as activist wins seats
Rent-A-Center may soon get prodded into an outright sale. Activist hedge fund Engaged Capital’s three nominees to the rent-to-own retailer’s board were “resoundingly elected” at the company’s annual meeting held...
Cash register snafu wrecks Rent-A-Center stock
Rent-A-Center stock fell nearly 30 percent Tuesday after the rent-to-own retailer said same-store sales in the recently completed third quarter would tumble 12 percent because a new point-of-sale system seemingly...