Latest / The Deal by S&P Global
Activist Investing Today: What’s Next For Rent-a-Center, Vintage in Delaware
The Activist Investing Today Podcast spoke with The Deal’s intrepid Delaware expert, David Marcus, about what to expect in Delaware Chancery Court later this month when rent-to-own retailer Rent-a-Center faces off against its would-be buyer, Vintage Capital. In December, Glenn Welling-targeted Rent-A-Center surprised the markets by saying it was terminating its $1.37 billion deal to be acquired by Vintage Capital after it "did not receive" an extension notice from the buyer. Vintage said RCII’s move was invalid. Now the two companies are in the midst of a Delaware battle over the deal and a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.