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Engaged Capital ups stake in Rent-A-Center to over 20%

Mar. 24, 2017 9:05 AM ETUpbound Group, Inc. (UPBD) StockUPBDBy: Clark Schultz, SA News Editor
  • Engaged Capital now holds a 20.5% stake in Rent-A-Center (NASDAQ:RCII) after accounting for recent share purchases and swaps.
  • Last month, the activist firm nominated five members to the Rent-A-Center board.
  • Shares of Rent-A-Center are down 45% over the last 52 weeks.
  • SEC Form 4

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