Rent-a-Center rejects $800 mln offer from Vintage Capital: New York Post

Rent-a-Center has rejected a $15 a share takeover offer from Vintage Capital, a Florida PE firm, the New York Post is reporting. The rent-to-own company said the $800 million offer from Vintage was “inadequate and opportunistic,” the story said. Engaged Capital, an activist hedge fund that owns three seats on RAC’s board, said it wasn’t pleased by the rejection.