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American Securities Completes Acquisition of Global Tel*Link

NEW YORK, NY — (Marketwire) — 12/15/11 — American Securities LLC today announced that, in partnership with the company management, it has completed the acquisition of Global Tel*Link (GTL), a leading provider of communications solutions for the corrections industry, from Veritas Capital. Terms of the transaction were not disclosed. Equity was provided from funds managed by American Securities and from management."Since its entrance into the inmate telephone industry, Global Tel*Link ha


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