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Asset Acceptance Capital Corp Says Expanding Legal Operations in Florida, Closing Arizona Call Center


Asset Acceptance Capital Corp. (NASDAQ: AACC), a leading purchaser and collector of charged-off consumer debt, today announced that it will be expanding its legal collections operations in Riverview, Florida and closing its Tempe, Arizona collections call center. The closing of the Tempe collections office, along with related inventory reallocations is expected to be accretive to earnings on an annual basis by approximately $4.0 million or $0.13 per share.


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