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 corporation (“Encore”) and Pinnacle Sub, Inc., a
Delaware corporation and wholly owned subsidiary of Encore, under
which Encore has agreed to acquire Asset Acceptance for $6.50 per
share. Asset Acceptance stockholders will have the option to
receive their consideration in cash or Encore stock or any
combination of cash and Encore stock, at their election, with the
aggregate stock consideration across all stockholder capped at 25%
of the total equity consideration to be received.
Asset Acceptance stockholders of record at the close of business
on the record date, May 3, 2013, will be entitled to notice of the
special meeting and to vote at the special meeting. The special
meeting will be held on June 13, 2013 at 9:00 a.m. local time
at the offices of Kirkland & Ellis LLP located at 601 Lexington
Avenue, New York, New York 10022.
The parties continue to target a second quarter 2013 closing of
the merger, subject to the approval of a majority of the
outstanding shares of Asset Acceptance common stock, in addition to
other customary closing conditions.
The Registration Statement on Form S-4, File No. 333-187581,
which contains the Company’s proxy statement and also constitutes a
prospectus of Encore, was filed by Encore with the Securities and
Exchange Commission (the “SEC”) on March 27, 2013 and has been
declared effective. The prospectus pursuant to Rule 424(b)(3) under
the Securities Act of 1933 was filed with the SEC on May 6, 2013.
The definitive proxy statement on Schedule 14A for the Company’s
special meeting of its stockholders was filed by the Company on May
6, 2013. The Company expects to mail the final proxy
statement/prospectus to the Company’s stockholders over the course
of the coming week.
About Asset Acceptance Capital Corp.
For 50 years, Asset Acceptance has provided credit originators,
such as credit card issuers, consumer finance companies, retail
merchants, utilities and others an efficient alternative in
recovering defaulted consumer debt. For more information, please
visit www.AssetAcceptance.com.
Additional Information and Where to Find It
THIS PRESS RELEASE IS NOT A REQUEST FOR OR SOLICITATION OF A
PROXY OR AN OFFER TO ACQUIRE ANY SHARES OF THE COMMON STOCK OF
ASSET ACCEPTANCE. IN CONNECTION WITH THE PROPOSED
TRANSACTION WITH ENCORE, ENCORE HAS FILED WITH THE SEC A
REGISTRATION STATEMENT ON FORM S-4, FILE NO. 333-187581 (AS
AMENDED, THE “REGISTRATION STATEMENT”) WITH THE SEC ON MARCH 27,
2013, WHICH CONTAINS ASSET ACCEPTANCE’S PROXY STATEMENT AND ALSO
CONSTITUTES A PROSPECTUS OF ENCORE. ENCORE HAS FILED WITH
THE SEC ON MAY 6, 2013 A PROSPECTUS PURSUANT TO RULE 424(b)(3)
UNDER THE SECURITIES ACT OF 1933 AND THE COMPANY HAS FILED WITH THE
SEC ON MAY 6, 2013 ITS DEFINITIVE PROXY STATEMENT ON SCHEDULE 14A
FOR ITS SPECIAL MEETING OF STOCKHOLDERS. THE REGISTRATION STATEMENT
HAS BEEN DECLARED EFFECTIVE BY THE SEC AND ASSET ACCEPTANCE EXPECTS
TO MAIL THE FINAL PROXY STATEMENT/PROSPECTUS TO THE COMPANY’S
STOCKHOLDERS OVER THE COURSE OF THE COMING WEEK. BEFORE
MAKING ANY VOTING DECISION, ASSET ACCEPTANCE’S STOCKHOLDERS ARE
URGED TO READ THE REGISTRATION STATEMENT (AND THE ASSET
ACCEPTANCE'S PROXY STATEMENT CONTAINED THEREIN) IN ITS ENTIRETY AND
ALL OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH
THE PROPOSED MERGER OR INCORPORATED BY REFERENCE IN THE
REGISTRATION STATEMENT (AS WELL AS ANY AMENDMENTS AND/OR
SUPPLEMENTS TO THOSE DOCUMENTS) BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION ABOUT THE PROPOSED MERGER AND THE PARTIES TO THE
MERGER.
ASSET ACCEPTANCE’S STOCKHOLDERS WILL BE ABLE TO OBTAIN THESE
DOCUMENTS (WHEN AVAILABLE) FREE OF CHARGE AT THE SEC’S WEB
SITE, HTTP://WWW.SEC.GOV. IN ADDITION, THEY MAY
OBTAIN FREE COPIES OF THESE BY CONTACTING ASSET ACCEPTANCE CAPITAL
CORP. BY MAIL ADDRESSED TO 28405 VAN DYKE AVENUE, WARREN, MICHIGAN
48093, ATTENTION: MARY ARRAF, BY TELEPHONE AT (586) 939-9600
(OPTION 5) OR VIA ELECTRONIC MAIL TO
IR@ASSETACCEPTANCE.COM. ASSET ACCEPTANCE’S
STOCKHOLDERS ALSO MAY READ AND COPY ANY REPORTS, STATEMENTS AND
OTHER INFORMATION FILED WITH THE SEC AT THE SEC PUBLIC REFERENCE
ROOM AT 100 F STREET, N.E., WASHINGTON, D.C. 20549. PLEASE
CALL THE SEC AT 1-800-SEC-0330 OR VISIT THE SEC’S WEBSITE FOR
FURTHER INFORMATION ON ITS PUBLIC REFERENCE ROOM.
ASSET ACCEPTANCE AND ITS DIRECTORS, EXECUTIVE OFFICERS AND
CERTAIN OTHER MEMBERS OF MANAGEMENT AND EMPLOYEES OF ASSET
ACCEPTANCE MAY BE DEEMED “PARTICIPANTS” IN THE SOLICITATION OF
PROXIES FROM STOCKHOLDERS OF ASSET ACCEPTANCE IN FAVOR OF THE
PROPOSED MERGER. INFORMATION REGARDING THE PERSONS WHO MAY,
UNDER THE RULES OF THE SEC, BE CONSIDERED PARTICIPANTS IN THE
SOLICITATION OF THE STOCKHOLDERS OF ASSET ACCEPTANCE IN CONNECTION
WITH THE PROPOSED MERGER IS SET FORTH IN THE REGISTRATION STATEMENT
AND THE OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC.
YOU CAN FIND INFORMATION ABOUT ASSET ACCEPTANCE’S EXECUTIVE
OFFICERS AND DIRECTORS IN ITS ANNUAL REPORT ON FORM 10-K FOR THE
FISCAL YEAR ENDED DECEMBER 31, 2012, WHICH WAS FILED WITH THE SEC
ON MARCH 7, 2013, AMENDMENT NO. 1 TO THE COMPANY’S ANNUAL REPORT ON
FORM 10-K/A FOR THE FISCAL YEAR ENDED DECEMBER 31, 2012, WHICH WAS
FILED WITH THE SEC ON APRIL 26, 2013, AND IN ITS DEFINITIVE PROXY
STATEMENT FOR ITS 2012 ANNUAL MEETING OF STOCKHOLDERS FILED WITH
THE SEC ON SCHEDULE 14A ON MARCH 28, 2012.
This document shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the U.S.
Securities Act of 1933, as amended.
Forward Looking Statements
The statements in this press release that are not historical
facts, including, most importantly, those statements preceded by,
or that include, the words "may," "believe," "projects," "expects,"
"anticipates" or the negation thereof, or similar expressions,
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 (the "Reform
Act"). These statements may include, but are not limited to,
statements regarding our future operating results, performance,
business plans or prospects. For all "forward-looking statements,"
Asset Acceptance claims the protection of the safe harbor for
forward-looking statements contained in the Reform Act. Such
forward-looking statements involve risks, uncertainties and other
factors which may cause actual results, performance or achievements
of Asset Acceptance and its subsidiaries to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. These risks,
uncertainties and other factors are discussed in the reports filed
by Asset Acceptance with the Securities and Exchange Commission,
including the most recent reports on Forms 10-K, 10-Q and 8-K, each
as it may be amended from time to time. Asset Acceptance disclaims
any intent or obligation to update these forward-looking
statements
Asset Acceptance Capital Corp. (MM) (NASDAQ:AACC)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Asset Acceptance Capital Corp. (MM) (NASDAQ:AACC)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024