The Aaron's Company, Inc. (AAN), a provider of lease-to-own and retail purchase solutions, Monday said it has agreed to be acquired by fintech firm IQVentures Holdings, LLC for an enterprise value of about $504 million, to be paid in cash.
The purchase price of $10.10 per share represents a a premium of 34 percent over Aaron's closing share price of $7.54 on June 14.
Aaron's shares were up more than 30 percent in pre-market.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.