June 17 (Reuters) - Aaron's Company Inc:

* THE AARON'S COMPANY ENTERS INTO DEFINITIVE AGREEMENT TO BE

ACQUIRED BY IQVENTURES FOR $10.10 PER SHARE

* AARON'S COMPANY INC - PROPOSED DEAL FOR ENTERPRISE VALUE

OF

APPROXIMATELY $504 MILLION

* AARON'S COMPANY INC - TRANSACTION WAS UNANIMOUSLY APPROVED

BY

BOARD OF DIRECTORS OF AARON'S COMPANY

* AARON'S COMPANY INC - UPON COMPLETION OF TRANSACTION,

AARON'S

COMPANY WILL BECOME A PRIVATELY HELD COMPANY

* AARON'S COMPANY INC - FOLLOWING CLOSING OF TRANSACTION, IT

IS

EXPECTED THAT AARON'S COMPANY WILL CONTINUE TO OPERATE UNDER ITS

EXISTING BRAND NAMES

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