Rent-A-Center shares soared 8.9 percent to $12.09 on Tuesday after it was revealed that the rent-to-own chain had rejected a $15 a share takeover bid from a Florida private equity firm. The Plano, Texas, retailer called the offer from Vintage Capital “inadequate and opportunistic.” While many investors cheered the move by Rent-a-Center, one investor, activist...
NYS Entity Status
NYS Filing Date
JANUARY 23, 2013
NYS DOS ID#
CT CORPORATION SYSTEM
111 EIGHTH AVENUE
NEW YORK, NEW YORK, 10011
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - ABBOTT CAPITAL PRIVATE EQUITY INVESTORS 2013, L.P.
AROUND THE WEB
- Rent-a-Center shares soar after rejecting takeover bid
By Carleton English - Wednesday Jul 12, 2017
- True Religion files for bankruptcy
By Post Staff Report - Wednesday Jul 5, 2017
True Religion Brand Jeans, burdened by an expensive pile of debt, on Monday filed a pre-pack Chapter 11 petition that will hand control of the Los Angeles company over to creditors. Under a deal with lenders, TowerBrook Capital Partners, the New York private equity firm that owns the denim company, will cut True Religion’s debt...
- Alexandria Debuts NY’s Latest Bio Incubator With 13 Startups in Tow
By Ben Fidler - Tuesday Jun 13, 2017
A new startup incubator has just opened in Manhattan this morning, adding to a growing list of facilities meant to help support seedling New York City biotechs. LaunchLabs, first announced by Alexandria Real Estate Equities a year ago, officially opened its doors and revealed the 13 startups that will grow there. LaunchLabs is a 15,000-square-foot […]
- With Ties to Thiel and Musk, Fintech Startup Addepar Adds $140M
By Bernadette Tansey - Thursday Jun 8, 2017
Addepar, a wealth management software company co-founded in 2009 by Palantir Technologies co-founder Joe Lonsdale, announced today it has raised $140 million to expand its services to investors and their advisors. It’s a big round for a financial tech company, even for Silicon Valley. The Mountain View, CA-based company’s Series D financing round was co-led […]
- Staples is going private in $6.9 billion deal
By Reuters - Thursday Jun 29, 2017
Sycamore Partners said on Wednesday it would acquire office supplies chain Staples for $6.9 billion, a rare bet by a private equity firm this year in the US retail sector, which has been roiled by the popularity of internet shopping. Buyout firms largely have refrained from attempting leveraged buyouts of US retailers in the past...