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Encore Capital Group's Special Committee Retains New Co-Financial Advisor
July 25, 2006
Encore Capital Group, Inc., a leading distressed consumer debt management company, today announced that the Special Committee of its Board of Directors that was formed to consider strategic alternatives has retained Deutsche Bank Securities Inc. to act as co-financial advisor to the Special Committee along with J.P. Morgan Securities Inc., which continues to act as a financial advisor to the Special Committee. Deutsche Bank will act in lieu of Lazard Freres & Co. LLC as a result of Lazard having advised the Special Committee of a potential conflict in connection with its engagement.
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