April 9, 2018 / 1:19 PM / 18 days ago

Rent-A-Center expects decision on buyout bids by second quarter

April 9 (Reuters) - Rent-A-Center Inc said on Monday it expects to reach a decision by the second quarter on whether its talks with bidders would result in a sale of the rent-to-own furniture retailer.

The company, which has been under pressure from its shareholders Engaged Capital and Marcato Capital to sell itself, has previously rejected buyout offers. (Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta)

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