RENT-A-CENTER SOLD FOR $800M TO VINTAGE CAPITAL

Rent-A-Center agreed to sell itself for more than $800 million to investment firm Vintage Capital. Vintage has agreed to pay Rent-A-Center stockholders $15 a share in the deal, which is expected to close by year-end. Rent-A-Center in 2017 rejected a similar offer from Vintage and vowed to overhaul its business on its own.