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Article: Allied Capital Rejects Greenlight Capital's Charges.
- Article from:
- Business Wire
- Article date:
- June 19, 2002
CopyrightCOPYRIGHT 2002 Business Wire. 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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Business Editors
WASHINGTON--(BUSINESS WIRE)--June 19, 2002
Allied Capital Corporation (NYSE: ALD) today rejected Greenlight Capital's accusations made in a press release issued June 17, 2002, and stated that it was yet another element of the ongoing disinformation campaign against Allied Capital for personal profit.
William L. Walton, Chairman and Chief Executive Officer, stated, "We believe that Allied Capital has been the victim of a systematic campaign by short-sellers to use misinformation for personal profit. Transparency goes both ways. It's time for Greenlight Capital and our other accusers to be held accountable, in the light of day, ...