1. Rent-A-Center to Nominate Engaged Capital's Board Candidate

    Rent-A-Center to Nominate Engaged Capital's Board Candidate

    (Reuters) - Rent-A-Center Inc said on Monday it will nominate an independent director, recommended by activist investor Engaged Capital, to the rent-to-own furniture retailer’s board. Shares of the company, which has been under pressure from activist hedge funds Engaged Capital and Marcato Capital, fell 2.2 percent to $9.53 in afternoon trading...

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