AAN News & Events

BlueLinx "announced the appointment of Christopher Kelly Wall as Senior Vice President, Chief Financial Officer and Treasurer, effective May 19, 2025. Mr. Wall will lead all aspects of BlueLinx's financial strategy, capital markets activity, investor relations, and financial operations. Mr. Wall most recently served as Executive Vice President and Chief Financial Officer of The Aaron's Company (AAN)."

The Aaron's Company and IQVentures announced that they expect to complete the previously announced acquisition by IQVentures of The Aaron's Company later today. The acquisition was originally announced on June 17, 2024, and approved by The Aaron's Company shareholders on September 25, 2024. Upon completion of the transaction, The Aaron's Company's common stock will cease trading and will no longer be listed on the NYSE.

J Capital issued a short report in which it tells investors that the firm believes regulators could slow or stop the go-private deal The Aaron's Company (AAN) has made. "Currently, the AAN share price has not factored in this regulatory risk... We submitted Whistleblower reports on AAN to the FTC and the CFPB. We also submitted FOIA requests to both agencies. Both agencies tend to be highly suspicious of rent-to-own and payday lending practices. The other lender apparently behind the deal, CCF Holdings LLC, recently appears to have acquired several similar companies, including the chairman's former company, TMX Finance Ltd, as well as Speedy Cash, Rapid Cash, and Avio Credit. With AAN stores, CCF would own around 3,000 locations, giving them a much larger share of a fragmented market. A combination could trigger anti-monopoly and predatory-lending reviews," the firm stated.