MILWAUKEE, June 17, 2024 /PRNewswire/ -- Ademi LLP is investigating The Aaron's Company (NYSE: AAN) for possible breaches of fiduciary duty and other violations of law in its transaction with IQVentures.
Click here to learn how to join the https://www.ademilaw.com/case/aarons-company-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, The Aaron's Company shareholders will receive only $10.10 per share in cash, or an enterprise value of approximately $504 million. The transaction agreement unreasonably limits competing transactions for The Aaron's Company by imposing a significant penalty if The Aaron's Company accepts a competing bid. The Aaron's Company insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of The Aaron's Company's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own The Aaron's Company common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/aarons-company-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Ademi LLP
Guri Ademi
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SOURCE Ademi LLP
