AAN Stock Alert: The Aaron's Company Pops 33% on Take-Private Deal

The Aaron’s Company (NYSE:AAN) stock is jumping on Monday after the retail company announced a take-private deal with fintech organization IQVentures Holdings.This deal will have IQVentures acquiring AAN stock for $10.10 per share in cash. This is a 34% premium over their price closing price of $7.54 on Friday. It also brings the total enterprise value of the deal to $504 million.The Aaron’s Company’s Board of Directors has given its unanimous support for the take-private deal. This has it expecting the tra ...