Investment Strategy Network, an investment tool designed to assist in the decision-making process for investors
Buyout: Vintage Capital buys Rent-A-Center [RCII]
Why should the shareholders take an offer that only represents 88% of fair value? We have Rent-A-Center rated as an A- in probability of being involved in a merger, acquisition or buyout (MAB). Vintage Capital Management has offered to acquire Rent-A-Center [RCII] for $15/share. This is a price that is only 88% of fair value ($17/share).