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Actionable news in RCII: Rent-A-Center Inc.,

Rent-A-Center's stock rockets after disclosing buyout bid, that it rejected

Shares of Rent-A-Center Inc. RCII, -1.86% rocketed 17% in premarket trade, after the household durable goods leasing company disclosed that it had received an unsolicited buyout bid that valued the stock at a 35% premium, that it rejected. The company said private-equity firm Vintage Capital Management LLC proposed on June...


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