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  "documentTitle": "American Capital, Ltd. (ACAS)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
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  "presentationDate": "2015-11-16 00:00:00",
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  "notes": "The chart uses a waterfall-bridge structure to illustrate the components of value creation.",
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      "text": "share price appreciation: 63%",
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      "text": "(1) Price as of November 13, 2015 (2) Reflects Elliott's view of the difference between the current trading price of ACAS stock and Elliott's low case valuation based on assumptions in the previous slide (3) See assumptions from prior slide",
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      "text": "Clear Path to 24 – 63% Share Price Appreciation",
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      "text": "Significant Unrealized Value",
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