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American Greetings Announces Completion of Acquisition by Weiss Family

Received $19.00 per share in cash

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By: DAVID SAVASTANO

Editor, Ink World Magazine

American Greetings Corporation announced the completion of its acquisition by the Weiss Family for $19.00 per share in cash. American Greetings’ shareholders approved the transaction at a special meeting held on Aug. 7, 2013. As a result of the transaction, American Greetings’ Class A common shares will be delisted from the NYSE. “Today is a milestone in the company’s history as shareholders approved the Weiss Family proposal to make American Greetings a privately held...

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