Encore Capital Group, Inc. (NASDAQ:ECPG)
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The Company is a systems-driven purchaser and manager of charged-off consumer receivable portfolios and through its wholly owned subsidiary Ascension Capital Group, Inc., a provider of bankruptcy services to the finance industry.
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Effective competitor in the purchasing of charged off credit card receivables, likely to be purchased in a management-led deal in the next few months as the conclusion to a process reviewing strategic alternatives.