Live Breaking News & Updates on ப்ரிஃபர்ட் குத்தகை

Stay informed with the latest breaking news from ப்ரிஃபர்ட் குத்தகை on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in ப்ரிஃபர்ட் குத்தகை and stay connected to the pulse of your community

Rent-A-Center, Inc. To Participate in Upcoming Investor Conference in June – Consumer Electronics Net

Rent-A-Center, Inc. To Participate in Upcoming Investor Conference in June – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

Mexico , Puerto-rico , United-states , Texas , Mitch-fadel , Jason-hogg , Company-or , Nasdaq , Maureen-short , Virtual-consumer-conference , Investor-events , Preferred-lease

Rent-A-Center, Inc. Reports First Quarter 2021 Results

More from AP

Texas , United-states , Mexico , Puerto-rico , California , Canada , Mitch-fadel , Company-or , Company-acima , Acima-holdings , Nasdaq , Chief-executive

Rent-A-Center, Inc. Reports First Quarter 2021 Results – Consumer Electronics Net

Rent-A-Center, Inc. Reports First Quarter 2021 Results – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

Texas , United-states , Mexico , Puerto-rico , California , Canada , Mitch-fadel , Company-or , Company-acima , Acima-holdings , Business-same-store-sales , Nasdaq

Acima Unveils Industry's First Lease-to-Own Anywhere Virtual Payments Card – Consumer Electronics Net

Acima Unveils Industry's First Lease-to-Own Anywhere Virtual Payments Card – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

Mexico , Puerto-rico , United-states , Texas , Acima-leasepay , Jason-hogg , Kush-saxena , Mastercard , Actual-agency-for-acima , Mastercard-innovation-lab , Company-virtual-card , Nasdaq

Rent-A-Center, Inc. Reports Fourth Quarter 2020 Results – Consumer Electronics Net

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 our Rent-A-Center business and growth in the retail partner channel drove record revenues and earnings despite operational challenges from the COVID-19 pandemic. We made important investments to support our digital strategy, and ended the year with the announcement of our acquisition of Acima, which we believe can significantly accelerate long-term growth and profitability.”

Texas , United-states , Mexico , Puerto-rico , California , Canada , Mitch-fadel , Company-or , Company-preferred-lease , Acima-holdings , Dynamix , Nasdaq

Rent-A-Center Inc (RCII) Q4 2020 Earnings Call Transcript

Rent-A-Center Inc (RCII) Q4 2020 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

Danielb-orourke , Mitch-fadel , Jason-hogg , Anthony-blasquez , Daniel-orourke , Mitchelle-fadel , Renta-center-inc , Fourth-quarter-earnings-conference , Chief-executive-officer , Maureen-short , Chief-financial-officer

Rent-A-Center Enters Into Definitive Agreement to Acquire Acima

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 to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act.
Acima is a fast growing, profitable LTO fintech company with a national presence in retail partner stores and e-commerce platforms, and a broad range of product verticals. Founded in 2013 in Salt Lake City, Utah, Acima has grown annual revenues from $97 million in 2016 to an expected $1.25 billion in 2020. Acima will continue to operate out of Salt Lake City and will incorporate the complementary Preferred Dynamix platform to create a frictionless LTO experience for consumers and retail partners. Upon the closing of the transaction, the current Acima management team will report to Preferred Dynamix Executive Vice President Jason Hogg, and the combined business will be reported in the Preferred Lease segment.

United-states , Salt-lake-city , Utah , Rosen-katz , Mitch-fadel , Jason-hogg , Aaron-allred , Lipton , Jp-morgan-securities , Credit-suisse , Securities-united-states-inc , Sullivan-cromwell

Rent-A-Center Enters Into Definitive Agreement to Acquire Acima to Create Leading Virtual Lease-to-Own Platform, Accelerate Long-Term Growth

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 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 to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. Further details regarding the Acima acquisition will be discussed in a conference call with investors tomorrow at 8:30am ET and more information is available at investor.rentacenter.com.

Texas , United-states , Mexico , Puerto-rico , Salt-lake-city , Utah , Canada , Rosen-katz , Mitch-fadel , Brian-regan , Jason-hogg , Aaron-allred

Rent-A-Center to Acquire Acima, for $1.650 Billion

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-Scott-Rodino Antitrust Improvements Act.
Acima is a LTO fintech company with a national presence in retail partner stores and e-commerce platforms, and a broad range of product verticals. Founded in 2013 in Salt Lake City, Utah, Acima has grown annual revenues from $97 million in 2016 to an expected $1.25 billion in 2020. Acima will continue to operate out of Salt Lake City and will incorporate the complementary Preferred Dynamix platform to create a frictionless LTO experience for consumers and retail partners.

Mexico , Puerto-rico , United-states , Salt-lake-city , Utah , Texas , Jason-hogg , Mitch-fadel , Acima-holdings , Dynamix , Nasdaq , Hart-scott-rodino-antitrust-improvements

Rent-A-Center Enters Into Definitive Agreement to Acquire Acima to Create Leading Virtual Lease-to-Own Platform, Accelerate Long-Term Growth – Consumer Electronics Net

3 months ago
Acima operates in over 15,000 active retail partner locations and e-commerce platforms with approximately $1.25 billion in revenue and $225 million in adjusted EBITDA expected for 2020
$1.65 billion cash and stock transaction that expands Rent-A-Center’s position as a premier fintech platform in both the traditional and virtual LTO segments
Combination has strong synergy potential and results in estimated pro forma 2020E revenue of approximately $4.1 billion and $540 million in adjusted EBITDA, improving long-term outlook for revenue, profitability and cash flow generation
1
PLANO, Texas–(BUSINESS WIRE)–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 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 to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act. Further details regarding the Acima acquisition will be discussed in a conference call with investors tomorrow at 8:30am ET and more information is available at investor.rentacenter.com.

Texas , United-states , Mexico , Puerto-rico , Salt-lake-city , Utah , Canada , Rosen-katz , Mitch-fadel , Brian-regan , Jason-hogg , Aaron-allred