Aaron’s Company ( (AAN) ) has issued an update.

The Aaron’s Company, a prominent provider of lease-to-own and retail purchase solutions, has been acquired by IQVentures Holdings, LLC, a leading fintech company, for roughly $504 million. This strategic move, which sees Aaron’s shares delisted from the NYSE, aims to accelerate the company’s omni-channel strategy and improve operational efficiency. The acquisition, finalized at $10.10 per share, follows approval by Aaron’s shareholders and marks a significant step in both companies’ growth trajectories.

For an in-depth examination of AAN stock, go to TipRanks’ Stock Analysis page.