text:
Encore Capital Group Announces Acquisition Of Asset Acceptance
SAN DIEGO and WARREN, Mich., March 6, 2013 /PRNewswire/ -- 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 asset classes, as well as a tenured workforce. Combined, Encore and Asset Acceptance have purchased over 60 million individual consumer accounts, including credit card, telecommunications, consumer loans and other related assets, with a face value of over $130 billion.
Under the terms of the agreement, Encore will acquire Asset Acceptance for $6.50 per share, which represents a total equity value of approximately $200 million, representing a 24 percent premium to AACC's 30 day volume weighted average share price. Asset Acceptance shareholders 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 stockholders capped at 25 percent of the total equity consideration to be received. Subject to regulatory approval and Asset Acceptance shareholder approval, the acquisition is expected to close during the second quarter of this year.
"This acquisition moves our industry into a new phase of maturity defined by more efficient companies that are committed to operating ethically and treating consumers with respect," said Encore's President and Chief Executive Officer Brandon Black. "Encore's strong operating and cost advantages will allow Asset Acceptance's investments to be significantly more profitable and will deliver greater value to shareholders. Consumers also stand to benefit as we extend Encore's industry-leading Consumer Bill of Rights to millions more people who are on their way to financial recovery."
Encore has been acquiring competitor portfolios since 2001 and has developed expertise in valuing, managing and integrating large transactions. Encore made two significant portfolio acquisitions last year alone and has already successfully integrated them into its operational platform. The acquisition of Asset Acceptance provides Encore not only with an additional portfolio, but also with valuable operations capabilities and synergy opportunities.
Select the service that is right for you!COMPARE ALL SERVICES
Action Alerts PLUSTry it NOW
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant RatingsTry it NOW
Only $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10Try it NOW
David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock AdvisorTry it NOW
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money ProTry it NOW
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options ProfitsTry it NOW
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV


text:
Governor's Cabinet Reorganization - After
* = Agency affected by re-org
Administration & Finance
Appellate Tax Board
Bureau of State Ofc. Buildings
Civil Service Commission
Dept. of Revenue
Div. of Capital Asset Management
Fiscal Affairs Division
Group Insurance Commission
Human Resources Division
Information Technology Division
Mass. Developmental Disabilities Council
Mass. Office of Dispute Resolution
Mass. Teachers Retirement System
Operational Services Division
Public Emp. Retirement Admin. Comm.
State Library
Energy & Environmental Affairs
Div. of Energy Resources
Dept. of Public Utilities
Board of Reg. of Hazardous Waste Site Cleanup Professionals
Coastal Zone Management
Dept. of Agricultural Resources
Dept. of Conservation & Recreation
Dept. of Environmental Protection
Dept. of Fish and Game
Div. of Conservation Services
Mass. Env. Policy Act Group
Mass. Environmental Trust
Mass. Geographic Info. Sys. (MassGIS)
Mass. Strategic Envirotech. Partnership
Mass. Wetlands Restoration Program
Ofc. of Tech. Assist. for Toxics Use Reduction
State Reclamation Board
Water Resources Commission
Transportation & Public Works
Mass. Aeronautics Comm.
Mass.Highway Dept.
Registry of Motor Vehicles
State Transportation Library
Public Safety & Security
Architectural Access Board
Board of Building Regs & Standards
Criminal History Systems Board
Dept. of Correction
Dept. of Fire Services
Dept. of Public Safety
Dept. of State Police
Governor's Highway Safety Bureau
Mass. National Guard
Mass. Emergency Mgt. Agency
Merit Rating Board
Municipal Police Training Committee
Ofc. of Chief Medical Examiner
Parole Board
Sex Offender Registry Board
Health & Human Services*
Dept. of Elder Affairs
Dept. of Veterans' Svcs.
Chelsea Soldiers Home
Dep. of Transitional Assistance
Dept. of Mental Health
Dept. of Mental Retardation
Dept. of Public Health
Dept. of Social Services
Dept. of Youth Services
Div. of Health Care Finance & Policy
Exec. Comm. for Homeless Svcs. Coord.
Gov.'s Comm. on Mental Retardation
Holyoke Soldiers Home
Mass. Comm. for Blind
Mass. Comm. for Deaf & Hard of Hearing
Mass. Rehab. Commission
MassHealth (Office of Medicaid)
Ofc. for Refugees & Immigrants
Labor & Workforce Development*
Dept. of Labor*
Dept. of Industrial Accidents*
Div. of Occupational Safety*
Joint Labor Mgt. Committee*
Labor Relations Commission*
Dept. of Workforce Development*
Commonwealth Corporation*
Div. of Apprentice Training*
Div. of Career Services*
Div. of Unemp. Assistance*
Mass. Commission Against Discrimination*
Housing & Economic Development*
Consumer Affairs & Business Regulations
Div. of Banks
Div. of Insurance
Div. of Professional Licensure
Div. of Standards
Racing Commission
Dept. of Telecom. & Cable*
Dept. of Business & Technology
Dept. of Housing & Community Development*
Ofc. of Business Development
Ofc. of International Trade and Invesment
Ofc. of Minority & Women Bus. Assist.
Ofc. of Travel & Tourism

subset: commoncrawl


text:
DISCUB04 - Discover SCUBA
12/7/2014 | 11:00 AM - 2:45 PM | Paul & Carol David YMCA | Stark
Registration Opens: 8/01/2014 | Closes: 11/22/2014
Program Girl Capacity: 12 | Spots Available: 1
Address: 7389 Caritas Circle NW, Massillon, Ohio 44646
Levels: Cadettes, Adult Females, Adult Males
Price Per Girl - $30.00 Price Per Adult - $0.00
Did you know SCUBA stands for Self Contained Underwater Breathing Apparatus? Dive into this introduction to basic scuba equipment and techniques in the clear, calm water of an indoor pool. Activities will be led by a PADI Instructor (Professional Association of Diving Instructors) and equipment will be provided. Participants must demonstrate minimum swimming skills prior to beginning the course. Activity Consent and Medical Forms are required prior to the class date. Note: Forms must be completed according to PADI standards to participate.


text:
Home | Advertise | Classifieds | About | Contact
Reader Comments (0) Print
By Journal Staff
July 24, 2012
Cerven Dentistry in Granite Falls is now collecting new school supplies for the 2013 school year.
Cerven will be accepting donations during August and September. Items can be dropped off at the office at 405 South Granite Ave., during business hours.
Some items needed are: crayons, #2 pencils, tissues, erasers, glue sticks, folders, backpacks and colored pencils.
For every item donated, your name is entered into a drawing for a $50 Target or gas gift card. There will be a drawing at the end of August and at the end of September.
Any questions regarding the school supply drive can be answered by calling Dr. Cerven at 360-691-7793.
Lake Stevens Journal | P.O. Box 896, Lake Stevens, WA 98258
Ph: (425) 334-9252 | firstname.lastname@example.com | www.lakestevensjournal.com Content and information copyright 2014 Lake Stevens Journal, Inc.
Powered by ROAR Online Publication Software
© Copyright 2014 Lions Light Corp.
— Software for newspapers & magazines


text:
The Holga Starter Kit is a fun way to enter the world of medium format. For those people wishing to experiment and have fun with an inexpensive medium format camera, the Holga 120SF can yield some interesting results.
Note! The 120SF differs from the original Holga 120S in that the 120SF with flash requires two "AA" type batteries and does not have a flash shoe
- The format arrow on the back of the camera easily slides between 12 and 16 exposures
- Mostly plastic, including the lens; extremely small and compact one-piece plastic molded body


text:
Utica Weather
Current Temp 28.0 °F
Wind : West at 9.2 MPH (8 KT)
Humidity : 88 %
Pressure : 1016.9 mb
Car-pedestrian accident in Rome leaves woman with minor injuries
ROME, N.Y. (WKTV) - A Durhamville woman suffered minor injuries after being struck by a car in the parking lot of the Mohawk Correctional Facility on Route 26 in the city of Rome early Saturday morning.
According to Oneida County Sheriff Robert Maciol, 53-year-old Patricia Rockwell was pulling out of a parking spot when her view was obstructed from frost on her windshield window.
Rockwell began to pull forward and failed to see 60-year-old Iola Yager.
Yager was knocked to the pavement.
She was transported to Oneida Hospital for injuries to her back, leg, and neck.
Rockwell was ticketed for driver's view obstructed returnable at Rome City Court
More On Demand mini
Most Popular
What's On


text:
Your gallery is amazing! You are talented! Congratulations for your drawings
You are a very talented artist, really enjoyed looking through you gallery.
I already saw most of your awesome portraits . How is it possible I was not watching yet? now
Your work is amazing!! I'm so adding you to my watch list!!
Your gallery is JAW DROPPING....very unique...and just ..pure perfection! i'm definitely adding you to my watch list
Amazing love your gallery and style
Amazing gallery, you are very talented!
Absolutely fantastic work! How do you manage to get such vibrancy and detail!? Truly amazing, every single piece.
why have i not got you on my watch list


text:
- Running
- Cycling
- Triathlon
- Fitness
- Race Results
- More
About This Activity
Have your math skills grown rusty? Are you anxious about getting a good score on the Math section of the GRE or the GMAT? Build a math foundation that dovetails with the GRE or the GMAT Test Preparation Courses. This power-packed refresher course renews your abilities in the math fundamentals of Arithmetic, Algebra and Geometry so that you can work more efficiently with strategies that you will develop in the Test Prep Courses
Map & Direction
Monday, November 5, 2012
UW Women's Center Cunningham Hall, Box 351380 Seattle, WA, United States of America 98195Get Directions