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Rent-A-Center Decides It's No Longer For Sale, Ending Months of Speculation

from The Dallas Morning News

Plano-based Rent-A-Center, one of the largest rent-to-own retailers, is no longer for sale. The company said Sunday that its board has decided the best route for shareholders is to continue operating under a plan that it says is working. The board was prepared to pursue a sale of the company, said J.V. Lentell, Rent-A-Center's chairman. But instead it unanimously determined that it didn't receive any acquisition proposals meeting its objectives for a sale. more

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