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American Capital exited its investment in Pelican Products, Inc. in the fourth quarter of 2006.

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American Capital Invests $15 Million in Global Leader in Protective Cases and Professional Flashlights
Bethesda, MD - October 27, 2004 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $15 million in Pelican Products Inc. ("Pelican"), a global leader in the design, development and manufacture of unbreakable, watertight protective cases and technically advanced professional flashlights. American Capital's investment takes the form of a second lien loan and supports Behrman Capital's acquisition of Pelican. A syndicate led by GE Capital Corporation, a unit of General Electric Corporation (NYSE: GE), is providing a revolving credit facility, senior term loans and a second lien loan. Behrman Capital and Pelican management are investing in equity. [more...]