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Rent-A-Center to buy Acima Holdings in $1.65B deal

Dec. 20, 2020 9:39 PM ETUpbound Group, Inc. (UPBD) StockBy: Carl Surran, SA News Editor1 Comment
  • Rent-A-Center (NASDAQ:RCII) agrees to acquire online lease-to-own provider Acima Holdings in a cash-and-stock deal valued at $1.65B.
  • Total consideration consists of $1.27B in cash and ~10.8M Rent-A-Center common shares currently valued at $377M.
  • Acima, which provides financing for rent-to-own customers, operates with

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