Content about American Greetings

February 27, 2014

American Greetings has promoted Gregory Steinberg to CFO, effective March 1. Steinberg was most recently the company's corporate treasurer.

American Greetings has promoted Gregory Steinberg to CFO, effective March 1. Steinberg was most recently the company's corporate treasurer.  

He will be responsible for all finance functions at the company. The previous CFO, Stephen J. Smith, recently resigned to accept another employment opportunity.

February 27, 2014

American Greetings has promoted Gregory Steinberg to CFO, effective March 1. Steinberg was most recently the company's corporate treasurer.

American Greetings has promoted Gregory Steinberg to CFO, effective March 1. Steinberg was most recently the company's corporate treasurer.  

He will be responsible for all finance functions at the company. The previous CFO, Stephen J. Smith, recently resigned to accept another employment opportunity.

April 2, 2013

American Greetings announced that it has agreed to be taken private by a group led by some of its top executives for about $602 million.

CLEVELAND — American Greetings announced that it has agreed to be taken private by a group led by some of its top executives for about $602 million.

The executive group was formed by the Weiss family — including chairman Morry Weiss; CEO Zev Weiss; director, president and COO Jeffrey Weiss and others — and will buy the shares of the company they don't already own for $18.20 a piece in cash. This amounts to a 13% premium to American Greetings' closing price of $16.10 last Thursday.

April 2, 2013

American Greetings announced that it has agreed to be taken private by a group led by some of its top executives for about $602 million.

CLEVELAND — American Greetings announced that it has agreed to be taken private by a group led by some of its top executives for about $602 million.

The executive group was formed by the Weiss family — including chairman Morry Weiss; CEO Zev Weiss; director, president and COO Jeffrey Weiss and others — and will buy the shares of the company they don't already own for $18.20 a piece in cash. This amounts to a 13% premium to American Greetings' closing price of $16.10 last Thursday.

February 7, 2013

American Greetings has launched a new mobile app that lets users send personalized greetings featuring digital versions of its Taylor Swift line.

CLEVELAND -- American Greetings has launched a new mobile app that lets users send personalized greetings featuring digital versions of its Taylor Swift line.

February 7, 2013

American Greetings has launched a new mobile app that lets users send personalized greetings featuring digital versions of its Taylor Swift line.

CLEVELAND -- American Greetings has launched a new mobile app that lets users send personalized greetings featuring digital versions of its Taylor Swift line.

November 28, 2012

American Greetings is delaying plans to develop a new world headquarters pending the resolution of a buyout proposal from CEO Zev Weiss and other members of management.

American Greetings is delaying plans to develop a new world headquarters pending the resolution of a buyout proposal from CEO Zev Weiss and other members of management.

American Greetings board of directors believed it was advisable to temporarily delay the project in light of the proposal from Weiss, president and COO Jeffrey Weiss and other members of the Weiss family to take the company private.

November 28, 2012

American Greetings is delaying plans to develop a new world headquarters pending the resolution of a buyout proposal from CEO Zev Weiss and other members of management.

American Greetings is delaying plans to develop a new world headquarters pending the resolution of a buyout proposal from CEO Zev Weiss and other members of management.

American Greetings board of directors believed it was advisable to temporarily delay the project in light of the proposal from Weiss, president and COO Jeffrey Weiss and other members of the Weiss family to take the company private.

October 22, 2012

Greeting card maker American Greetings announced last week that its board has formed a committee of independent directors to consider an offer to privatize the company, reported the Associated Press.

CLEVELAND — Greeting card maker American Greetings announced last week that its board has formed a committee of independent directors to consider an offer to privatize the company, reported the Associated Press.

According to AP, CEO Zev Weiss and his brother, president and COO Jeffrey Weiss, along with other investors and executives, submitted a proposal to the board on Sept. 25. The group wants to buy all of the company's common stock that it doesn't already own for $17.18 per share, valuing American Greetings at approximately $581 million.

October 22, 2012

Greeting card maker American Greetings announced last week that its board has formed a committee of independent directors to consider an offer to privatize the company, reported the Associated Press.

CLEVELAND — Greeting card maker American Greetings announced last week that its board has formed a committee of independent directors to consider an offer to privatize the company, reported the Associated Press.

According to AP, CEO Zev Weiss and his brother, president and COO Jeffrey Weiss, along with other investors and executives, submitted a proposal to the board on Sept. 25. The group wants to buy all of the company's common stock that it doesn't already own for $17.18 per share, valuing American Greetings at approximately $581 million.

September 26, 2012

A greeting cards company announced that its board of directors has received a nonbinding proposal to go private.

CLEVELAND — A greeting cards company announced that its board of directors has received a nonbinding proposal to go private.

American Greetings confirmed that the board received a letter from CEO Zev Weiss, president and COO Jeffrey Weiss, along with certain other members of the Weiss family and related parties, to acquire all of the outstanding class A and class B common shares of American Greetings not currently owned by the them for $17.18 per share.

June 29, 2012

American Greetings has expanded its line of justWink greeting cards.

CLEVELAND — American Greetings has expanded its line of justWink greeting cards.

June 29, 2012

American Greetings has expanded its line of justWink greeting cards.

CLEVELAND — American Greetings has expanded its line of justWink greeting cards.

April 12, 2012

American Greetings is launching a new line of cards featuring designs from noted artist Mary Engelbreit later this year as part of an ongoing collaboration.

CLEVELAND, Ohio — American Greetings is launching a new line of cards featuring designs from noted artist Mary Engelbreit later this year as part of an ongoing collaboration. The greetings will be included in seasonal programs beginning this Halloween and sprinkled across everyday programs by the end of the year.

April 12, 2012

American Greetings is launching a new line of cards featuring designs from noted artist Mary Engelbreit later this year as part of an ongoing collaboration.

CLEVELAND, Ohio — American Greetings is launching a new line of cards featuring designs from noted artist Mary Engelbreit later this year as part of an ongoing collaboration. The greetings will be included in seasonal programs beginning this Halloween and sprinkled across everyday programs by the end of the year.

March 25, 2011

American Greetings is making kids' birthday cards extra special with its Surprise Inside line.

CLEVELAND — American Greetings is making kids' birthday cards extra special with its Surprise Inside line.

Each Surprise Inside card features a surprise gift pouch inside that the child can open to reveal a small toy that coordinates with the card's theme, the company said. A sticker reveals to the sender what the secret gift will be.

March 25, 2011

American Greetings is making kids' birthday cards extra special with its Surprise Inside line.

CLEVELAND — American Greetings is making kids' birthday cards extra special with its Surprise Inside line.

Each Surprise Inside card features a surprise gift pouch inside that the child can open to reveal a small toy that coordinates with the card's theme, the company said. A sticker reveals to the sender what the secret gift will be.