The sale of the assets, which was previously announced on September 12,
2008, was closed for cash proceeds of approximately $76.4 million (which
includes payment for certain accounts receivable), subject to post-closing
adjustments.
Aaron Rents, Inc., based in Atlanta, currently has more than 1,545
Company-operated and franchised stores in 48 states and Canada.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this news release regarding Aaron Rents, Inc.'s
business which are not historical facts are "forward-looking statements" that
involve risks and uncertainties which could cause actual results to differ
materially from those contained in the forward-looking statements. These
risks and uncertainties include factors such as changes in general economic
conditions, competition, pricing, customer demand and other issues, and the
risks and uncertainties discussed under "Risk Factors" in the Company's Annual
Report on Form 10-K for the fiscal year ended December 31, 2007.
SOURCE Aaron Rents, Inc.
http://www.aaronrents.com