Elliott Announces Stake in American Capital

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Elliott Management Announces Stake in American Capital Ltd (ACAS), Opposes Plan to Spin out BDC Assets

November 16, 2015 8:31 AM EST

Elliott Management Corporation (Elliott), which manages funds that hold an approximately 8.4% interest in American Capital, Ltd. (NASDAQ: ACAS) (the Company or ACAS), today filed a presentation with the SEC urging ACAS stockholders to vote AGAINST the Companys spin-off proposal (the Proposal). Elliott has also created a website,... More