Added to YB: 2024-09-04
Pitch date: 2024-09-03
AAN [bearish]
The Aaron's Company, Inc.
-2.68%
current return
Author Info
Activist short- and long-research shop publishing investigative reports on publicly traded companies. Visit their website.
Company Info
The Aaron's Company, Inc. provides lease-to-own and retail purchase solutions. It operates through Aaron's Business and BrandsMart segments.
Market Cap
$309.9M
Pitch Price
$9.83
Price Target
N/A
Dividend
4.96%
EV/EBITDA
3.57
P/E
-7.25
EV/Sales
0.47
Sector
Specialty Retail
Category
special_situation
Will the feds halt AAN’s go-private deal?
AAN short: Go-private deal may face regulatory scrutiny. IQVentures likely front for larger buyer (CCF Holdings) to avoid antitrust issues. Combined entity would have 3000+ locations. AAN paid large FTC settlement in 2020. Insider buying pre-announcement at 39% below offer price. Shareholder meeting Sept 25. DOJ antitrust lawsuit possible.
Read full article (2 min)