The aaron's company enters into definitive agreement to be acquired by iqventures for $10.10 per share

Transaction represents 34.0% premium to aaron's closing share price on june 14 and 35.6% premium to the 90-day volume weighted average share price atlanta , june 17, 2024 /prnewswire/ -- the aaron's company, inc. (nyse: aan) ("the aaron's company" or the "company") today announced that it has entered into a definitive agreement to be acquired by iqventures holdings, llc ("iqventures"), a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million. the price represents a premium of 34.0% over the company's closing share price of $7.54 on june 14, 2024 and a premium of 35.6% over the company's 90-day volume-weighted average share price.
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