Aaron's (AAN) Agrees to be Acquired by IQVentures, Shares Rise

The Aaron's Company, Inc. (AAN) has signed a deal with IQVentures Holdings, LLC, a well-known fintech organization, to be acquired by the latter. The companies expect to close the transaction by the end of 2024, after receiving unanimous consent from Aaron’s board and satisfying other closing conditions.After the completion of the sale transaction, AAN will continue to operate under its current brand name and retain its headquarters in Atlanta, GA. Post the sale, Aaron’s will be a privately-held company and ...