JP Morgan has served as the exclusive financial advisor for The Aaron’s Company to be acquired by IQVentures Holdings, LLC for $10.10 per share in cash, valuing the deal at c.$504 million.
![The JP Morgan office in London. PHOTO: Chris Ratcliffe/Bloomberg](https://krugmaninsights.com/wp-content/uploads/2024/01/1200x772-1024x659.webp)
This offer represents a 34% premium over Aaron’s closing share price of $7.54 on June 14, 2024, and a 35.6% premium over the 90-day volume-weighted average share price. John W. Robinson III, Chairman of the Board of The Aaron’s Company,