A Buyout in the Cards for American Greetings?
- Wednesday, September 26, 2012, 12:01
- Market
- Add a comment
Today, American Greetings (AM), a well-recognized maker and marketer of greeting cards and other social expression products, announced that the company’s Chief Executive Officer Zev Weiss and President and Chief Financial Officer Jeffery Weiss, along with other members of the Weiss family and interested parties, have submitted a proposal to the Board of Directors to take the company private. They’re willing to pay $17.18 per share to acquire all outstanding shares not already owned by them.
http://www.forbes.com/sites/taesikyoon/2012/09/26/a-buyout-in-the-cards-for-american-greetings/