Every Spin-Off
PROG Holdings
PRGCompletedSpin of PROG Holdings progressive leasing unit (PRG)
- Distribution date
- 1 Dec 2020
- Structure
- Spin-off
- Parent
- Aaron's (AAN)
- Spin-off ticker
- PRG
- 2-year mark
- 1 Dec 2022
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
1 Dec 2020100%1 Dec 2022
Source documents
- Press releaseCompletion release (12/01/20)
- PresentationInv presentation (7/20)
- PresentationInv presentation (PRG) (11/20)
- PresentationInv presentation (AAN) (11/20)
- Information statementInformation statement
Every Spin-Off research
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