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The Aaron's Company agrees to be acquired by IQVentures

October 2024

Client(s) Aaron's Company, Inc., The

Jones Day advised The Aaron's Company, Inc. in the acquisition and take private of Aaron’s by IQVentures Holdings, LLC, a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million.

The price represents a premium of 34.0% over Aaron’s closing share price of $7.54 on June 14, 2024 and a premium of 35.6% over Aaron’s 90-day volume-weighted average share price. The transaction resulted in Aaron’s becoming a privately held company, and its common stock was delisted from the NYSE.

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