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Aaron’s Company (AAN) just unveiled an update.
The Aaron’s Company, Inc. has entered into a merger agreement with IQVentures Holdings, LLC, where Aaron’s will be acquired and become a wholly owned subsidiary of IQVentures. Shareholders will receive $10.10 in cash for each share they own at the merger’s effective time. All outstanding stock options and equity awards will be converted to cash payments or modified awards. The transaction is subject to shareholder approval and regulatory conditions, with a special meeting to be announced. Shareholders are encouraged to read all relevant documents regarding the merger, and the company highlights that the forward-looking statements in the announcement should not be relied upon as guarantees of future performance.
For detailed information about AAN stock, go to TipRanks’ Stock Analysis page.