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D3 Family Fund ups stake in Asset Acceptance to 11.5%
By Lisa Kerner
Charlotte, N.C., May 1 - D3 Family Fund, LP and its affiliates increased their ownership interest in Asset Acceptance Capital Corp. to 11.5% from 9.6% with the purchase of 602,009 shares of the company's stock, according to a schedule 13D filing with Securities and Exchange Commission.
The shares were acquired between March 31 and April 30 priced from $9.53 to $11.94, the filing stated.
The investors beneficially own some 3.52 million shares of the company's outstanding stock.
On March 31, investors led by D3 Family Fund reported the purchase of 331,511 shares of Asset Acceptance between March 24 and March 28 priced from $9.37 to $10.02, a prior SEC filing said.
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