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Vintage Capital

 
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  • Letter To Independent Members Of The Board Of Directors Of Aaron's
    Mon, Mar. 31 AAN Comment!

    Summary

    • Aaron's governance failings go far beyond a lack of majority voting in uncontested director elections.
    • The Board should immediately rebalance itself so that there are the same number of directors in each class.
    • We believe Aaron’s governance problems have served to perpetuate the larger business issues facing the company.