Finkelstein Thompson LLP Announces Investigation of Asset Acceptance Capital Corp.
WASHINGTON--(BUSINESS WIRE)--
The law firm Finkelstein Thompson LLP is investigating potential claims
on behalf of shareholders of Asset Acceptance Capital Corp. (NASDAQ:
AACC) ("Asset Acceptance" or "the Company"), concerning the proposed
acquisition of the Company by Encore Capital Group, Inc. Under the terms
of the transaction, shareholders would receive $6.50 per share in cash.
The total value of the transaction is approximately $200 million.
The investigation is focused on the potential unfairness of the
consideration to shareholders, the process by which the Company's Board
of Directors considered the transaction, as well as potential conflicts
of interest among Asset Acceptance's Board members.
If you are interested in discussing your rights as an Asset Acceptance
shareholder, or have information relating to this investigation, please
contact Finkelstein Thompson's Washington, DC offices at (202)-337-8000
or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-counsel in
dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our website
at www.finkelsteinthompson.com.
Attorney advising. Prior results do not guarantee similar outcomes.
Source: Finkelstein Thompson LLP
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