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American Capital receives $60M from sale of Lifoam Holdings

American Capital (ACAS) announced that its portfolio company Lifoam Holdings was sold to Jarden (JAH) on December 31. American Capital received $60M in debt and equity proceeds and realized a gain of $14M, subject to post-closing adjustments. American Capital's compounded annual rate of return earned on its debt and equity securities over the life of its investment was 11%, including interest, dividends, capital gain and fees.