AmeriCredit Announces Agreement to Acquire Bay View Acceptance Corporation

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All out­stand­ing cap­i­tal stock of Bay View Accep­tance Corp will be acquired by Ameri­Cred­it Finan­cial Ser­vices Inc in an all-cash trans­ac­tion val­ued at $62.5M; the sale is expect­ed to close in 2006.