Preferred Dynamix News Today

1 month ago Diluted EPS $1.00; Non-GAAP Diluted EPS $1.03, up 77.2% Provides 2021 Guidance Reflecting Approximately 30% Anticipated Accretion from Acima Acquisition PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (the “Company” or “Rent-A-Center”) (NASDAQ/NGS: RCII) today announced results for the quarter ended December 31, 2020. “This past year was pivotal for Rent-A-Center,” said Mitch Fadel, Chief Executive Officer. “Strong performance in ou...

Rent-A-Center Acquires Acima Holdings Rent-A-Center Inc. has acquired Acima Holdings. Combining Acima’s capabilities with Rent-A-Center’s Preferred Dynamix platform, the companies expect to provide retailers and consumers an expanding set of fintech services for lease-to-own transactions. The combined business will be led by Preferred Dynamix executive vice president Jason Hogg. “Acima’s technology and stellar team will help accelerate our innovation roadmap enabling us to support cu...

Furniture World News Rent-A-Center, Inc. announced the completion of its previously announced acquisition of Acima Holdings. Combining Acima’s capabilities with Rent-A-Center’s Preferred Dynamix platform provides retailers and consumers an expanding set of innovative fintech solutions for frictionless lease-to-own (LTO) transactions. The combined company will allow consumers to enjoy the benefits of the Company’s flexible LTO solutions across e-commerce, digital, and mobile channels. The ...

1 month ago Integrating Acima’s capabilities creates premier fintech platform across traditional and virtual lease-to-own segments PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (the “Company” or “Rent-A-Center”) (NASDAQ: RCII) today announced the completion of its previously announced acquisition of Acima Holdings. Combining Acima’s capabilities with Rent-A-Center’s Preferred Dynamix platform provides retailers and consumers an expanding set ...

Furniture World News By Nic Ledoux on 12/22/2020 Rent-A-Center, Inc. has announced that it has entered into a definitive agreement to acquire Acima Holdings LLC, a leading provider of virtual lease-to-own solutions. Total consideration consists of $1.273 billion in cash and approximately 10.8 million shares of Rent-A-Center common stock currently valued at $377 million. The transaction is expected to close in the first half of 2021 subject...

Rent-A-Center Agrees to Buy Acima Holdings in $1.6 Billion Deal Nabila Ahmed, Bloomberg News New homes stand at the Lexington Country development in Frisco, Texas, U.S., on Saturday, Nov. 17, 2018. Hot markets are cooling fast as interest rates rise. In the great housing slowdown of 2018, shoppers are reclaiming the upper hand, after years of soaring prices that placed most inventory out of reach for many families. Photographer: Laura Buckman/Bloomberg ...

Rent-A-Center, Inc. (NASDAQ: RCII), a Plano, Texas-based omni-channel lease-to-own provider for the credit constrained customer, is to acquire Acima Holdings LLC, a provider of virtual lease-to-own solutions. Total consideration consists of $1.273 billion in cash and approximately 10.8 million shares of Rent-A-Center common stock currently valued at $377m. The transaction is expected to close in the first half of 2021 subject to customary closing conditions, including clearance under the Hart-...

Press release content from Business Wire. The AP news staff was not involved in its creation. Rent-A-Center Enters Into Definitive Agreement to Acquire Acima to Create Leading Virtual Lease-to-Own Platform, Accelerate Long-Term Growth December 21, 2020 GMT PLANO, Texas--(BUSINESS WIRE)--Dec 20, 2020-- Rent-A-Center, Inc. (the “Company” or “Rent-A-Center”) (NASDAQ: RCII) today announced that it has entered into a definitive agreement to acquire Acima Holdings LLC, a leading provider of v...

Rent-A-Center to Buy Acima Holdings in $1.6 Billion Deal Bloomberg 12/21/2020 Nabila Ahmed © Bloomberg New homes stand at the Lexington Country development in Frisco, Texas, U.S., on Saturday, Nov. 17, 2018. Hot markets are cooling fast as interest rates rise. In the great housing slowdown of 2018, shoppers are reclaiming the upper hand, after years of soaring prices that placed most inventory out of reach for many families. (Bloomberg) -- Rent-A-Center Inc. is acquiring on...

Rent-A-Center Rises on Deal to Buy Online Peer Acima for $1.6B Rent-A-Center stock traded higher Monday after the company said it agreed to buy online lease-to-own provider Acima Holdings for $1.6 billion. Author: Rent-A-Center  ( RCII) - Get Report shares were higher on Monday a day after the company said it agreed to buy online lease-to-own provider Acima Holdings in a deal valued at more than $1.6 billion in cash and stock. Shares of the Plano, Texas, company at last check rose 11% to ...