Southfield, Michigan, April 8, 2013 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that certain trusts affiliated with the founder and Chairman of the Company Donald A. Foss and Karol A. Foss and certain individuals and entities associated with Prescott General Partners LLC have informed the Company that they intend to commence an underwritten public offering of 1,500,000 shares of the Company's common stock. The Company will not sell any shares in the offering and will not receive any proceeds from the offering.
Credit Acceptance Announces Secondary Offering By Selling Shareholders
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