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News Breaks | | | | March 6, 2013 | | 07:31 EDT |  | ECPG, AACC | Encore Capital announces acquisition of Asset Acceptance for $6.50 per share
Encore Capital (ECPG) and Asset Acceptance (AACC) announced that Encore has entered into an agreement to acquire Asset Acceptance Capital Corp. Under the terms of the agreement, Encore will acquire Asset Acceptance for $6.50 per share, which represents a total equity value of approximately $200M, representing a 24% premium to AACC's 30 day volume weighted average share price. Subject to regulatory approval and Asset Acceptance shareholder approval, the acquisition is expected to close during the second quarter of this year. | |
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News For ECPG;AACC From The Last 14 Days Check below for free stories on ECPG;AACC the last two weeks. |
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| May 9, 2013 | | 16:26 EDT |  | ECPG | Encore Capital reports Q1 EPS 86c , consensus 80c
Reports Q1 revenue $144.3M, consensus $150.53M. | |
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