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Article: American Capital Strategies Conducts First Annual Shareholders Meeting
- Article from:
- PR Newswire
- Article date:
- June 2, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BETHESDA, Md., June 2 /PRNewswire/ -- American Capital Strategies Ltd. (Nasdaq: ACAS) conducted its First Annual Meeting of Stockholders on May 14, 1998 at the Bethesda, Residence Inn.
Shareholders resoundingly re-elected David Gladstone, Landon Butler and Robert L. Allbritton to each serve as a director for a three-year term. In addition to the re-elected directors, Adam Blumenthal, Neil Hahl, Philip Harper, Stan Lundine, Stephen Walko and Malon Wilkus continue to serve as directors.
The shareholders overwhelmingly approved the adoption of the Company's 1997 Disinterested Director Stock Option Plan. Under the Director Plan, options to purchase 150,000 ...