2013 Press Releases

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05/06/13Asset Acceptance Capital Corp. Announces Record Date and Meeting Date for Special Meeting of Stockholders
WARREN, Mich.--(BUSINESS WIRE)--May. 6, 2013-- Asset Acceptance Capital Corp. (Nasdaq: AACC) (“Asset Acceptance”) announced today that it has established a record date and a meeting date for a special meeting of its stockholders to consider and vote upon, among other things, the proposal to approve the adoption of the Agreement and Plan of Merger, dated as of March 6, 2013, by and among Asset Acceptance, Encore Capital Group, Inc., a Delaware corp... 
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04/29/13Asset Acceptance Capital Corp. Reports First Quarter 2013 Results
WARREN, Mich.--(BUSINESS WIRE)--Apr. 29, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today reported results for the quarter ended March 31, 2013. First Quarter 2013 Financial Highlights Cash collections for the first quarter of 2013 increased 2.6% compared to the same period of the prior year, to $103.8 million. First quarter revenues were $55.2 milli... 
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04/23/13Asset Acceptance Capital Corp. to Issue First Quarter 2013 Results on April 29
WARREN, Mich.--(BUSINESS WIRE)--Apr. 23, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it will issue a press release containing its financial results for the first quarter 2013 on Monday, April 29, 2013, after the market closes. On March 6, 2013, Encore Capital Group announced its acquisition of Asset Acceptance. As a result, Asset Acceptance will not host a conference call to discuss its first quarter 2013 fina... 
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04/11/13Asset Acceptance Capital Corp. Announces Alternative Takeover Proposal Not to Move Forward & Early Termination of the Hart-Scott-Rodino Waiting Period for Acquisition by Encore Capital Group, Inc.
AACC-Encore Merger Expected to Close in the Second Quarter of 2013 WARREN, Mich.--(BUSINESS WIRE)--Apr. 11, 2013-- Asset Acceptance Capital Corp. (Nasdaq: AACC) announced today that the third party (identified as “Company B” in the Registration Statement on Form S-4, file No. 333-187581, filed by Encore Capital Group, Inc., a Delaware corporation, with the Securities and Exchange Commission on March 27, 2013) who had submitted a preliminary written i... 
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03/06/13Encore Capital Group Announces Acquisition of Asset Acceptance
- Combination Will Lead to Greater Operational Efficiencies and Shareholder Value - - Conference call scheduled for 9:00 a.m. Eastern - SAN DIEGO and WARREN, March 6, 2013 -- Encore Capital Group, Inc. (Nasdaq: ECPG ) and Asset Acceptance Capital Corp. (Nasdaq: AACC) today announced that Encore has entered into an agreement to acquire Asset Acceptance Capital Corp. Based in Warren, Michigan, Asset Acceptance has decades of experience in buying consumer receivables across a broad range of as... 
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03/06/13Asset Acceptance Capital Corp. Reports Fourth Quarter and Full Year 2012 Results
Earnings per fully diluted share for the full year 2012 of $0.35; strong quarter of investment in purchased receivables WARREN, Mich.--(BUSINESS WIRE)--Mar. 6, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today reported results for the quarter and fiscal year ended December 31, 2012. In a separate press release, the Company also announced today that it had... 
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03/04/13Asset Acceptance Capital Corp. Postpones its Fourth Quarter and 2012 Year-End Earnings Release
WARREN, Mich.--(BUSINESS WIRE)--Mar. 4, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it is postponing its fourth quarter and 2012 year-end earnings release and conference call from March 4, 2013 to March 6, 2013 at 5:30 p.m. Eastern. The Company does not anticipate a delay in the filing of its annual report on Form 10-K. About Asset Acceptance Capital Corp. For over 50 years, Asset Acceptance has pr... 
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02/19/13Asset Acceptance Capital Corp. to Host Fourth Quarter and 2012 Year-End Conference Call March 4
WARREN, Mich.--(BUSINESS WIRE)--Feb. 19, 2013-- Asset Acceptance Capital Corp. (NASDAQ: AACC) announced today that it will release its financial results for the fourth quarter and year-end 2012 on Monday, March 4, 2013, at 4:00 p.m. Eastern. The Company will host a conference call at 4:30 p.m. Eastern the same day to discuss its results. Participation in the question-and-answer session of the call will be limited to institutional inves... 
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