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Rent-A-Center Accepts $1.4 Billion Take-Private Buyout Offer

The Billion-Plus Deal with Vintage Capital Management Affiliate Could Close by Year-End

Rent-to-own giant Rent-A-Center Inc. has agreed to a merger deal with Vintage Rodeo Parent LLC, an affiliate of private and public equity investor Vintage Capital Management, to acquire outstanding shares of Rent-A-Center common stock for $15 per share in a deal valued at $1.365 billion, including the company's net debt.

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