SOUTHFIELD, Mich., Jan 7, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the preliminary results of its modified Dutch auction tender offer, which expired at 5:00 p.m. on January 6, 2004. Credit Acceptance commenced the tender offer on November 26, 2003 to
SOUTHFIELD, Mich., Nov 26, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced that it has commenced a modified dutch auction tender offer to purchase up to 2,600,000 of its outstanding common stock at a price per share of $12.50 to $17.00.
SOUTHFIELD, Mich., Nov 14, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended September 30, 2003 of $8,818,000 or $0.20 per diluted share compared to $8,612,000 or $0.20 per
SOUTHFIELD, Mich., Oct 30, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today that its third quarter earnings announcement will occur following the conclusion of a desk review of its periodic reports by the Securities and Exchange Commission.
SOUTHFIELD, Mich., Oct 3, 2003 (BUSINESS WIRE) -- Credit Acceptance (Nasdaq:CACC) announced today the completion of a $100 million revolving warehouse facility with Variable Funding Capital Corporation, a multi-seller commercial paper conduit administered by Wachovia Securities.
SOUTHFIELD, Mich., Aug 5, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended June 30, 2003 of $1,008,000 or $0.02 per diluted share compared to $8,466,000 or $0.19 per diluted
Southfield, Michigan -- June 27, 2003 -- Credit Acceptance Corporation (NASDAQ:CACC) announced today the completion of a $100 million asset-backed non-recourse secured financing, its ninth asset-backed financing. Pursuant to this transaction, the Company contributed dealer-partner advances having a
Credit Acceptance Corporation Renews $135,000,000 Revolving Credit Agreement For Two Years Southfield, Michigan – June 9, 2003 – Credit Acceptance Corporation (Nasdaq: CACC) Credit Acceptance announced today that it has renewed its $135 million credit agreement with a group of commercial banks.
Credit Acceptance Announces $100 Million Asset-Backed Bond Transaction Southfield, Michigan – June 3, 2003 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance announced today that it is preparing to engage in a $100 million asset-backed bond transaction in June 2003.
Credit Acceptance Announces Operational Changes Southfield, Michigan June 2, 2003 – Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance announced today that effective June 30, 2003 loan originations would cease in Canada and the United Kingdom.
