Friday, August 9, 2013

Weiss Family Completes Acquisition American Greetings


American Greetings Corporation (NYSE: AM) today 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 August 7, 2013.  The transaction closed and became effective today.  As a result of the transaction, American Greetings' Class A common shares will be delisted from the NYSE.