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Rent-A-Center Inc (RCII.OQ)

RCII.OQ on NASDAQ Stock Exchange Global Select Market

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19 May 2017
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Mon, May 15 2017

BRIEF-Rent-A-Center's April core U.S. same-store sales down 13 pct

* Rent-A-Center Inc- April core U.S. same store sales down 13.0%; April acceptance now same store sales up 5.5% Source text for Eikon: Further company coverage:

BRIEF-Engaged Capital comments on Rent-A-Center's letter to stockholders

* Engaged capital - as part of rent-a-center's proposed settlement, rent-a-center board was clear that no review of strategic alternatives was going to occur

BRIEF-Rent-A-Center's Letter to stockholders highlights the strength of its board of directors and commitment to strong corporate governance

* Letter to stockholders highlights the strength of its board of directors and commitment to strong corporate governance

BRIEF-Engaged Capital LLC says releases presentation to Rent-A-Center stockholders

* Engaged Capital Llc says releases presentation to Rent-A-Center stockholders

BRIEF-Rent-A-Center Q1 GAAP shr loss $0.13

* Q1 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S

BRIEF-Engaged Capital says initiates litigation to restore record date for annual meeting previously announced by Rent-A-Center

* Engaged Capital LLC says initiates litigation in Delaware to restore record date for annual meeting previously announced by Rent-A-Center

BRIEF-Engaged Capital reports 16.9 pct stake in Rent-A-Center

* Engaged capital flagship master fund, lp - on april 20, withdrew nomination of carol mcfate for election as director at annual meeting - sec filing

BRIEF-Rent-A-Center core U.S. same store sales down 9.6 pct for March

* Rent-A-Center Inc - Core U.S. same store sales down 9.6 percent for March

Marcato joins Engaged Capital to force defiant Rent-A-Center into sale

The pressure on Rent-A-Center Inc to auction itself increased on Monday after Marcato Capital joined fellow activist investor Engaged Capital to force the rent-to-own furniture retailer to pursue a sale rather than a "risky" turnaround plan.

UPDATE 4-Marcato joins Engaged Capital to force defiant Rent-A-Center into sale

* Shares up as much as 9.4 percent (Adds Rent-A-Center's response to Marcato Capital's letter, updates shares)

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