Elliott Investment Management to Acquire Majority Interest in American Greetings
12/20/24, 5:13 PM
Industry
marketplace
Type
partnership
Elliott Investment Management L.P., Clayton, Dubilier & Rice, and American Greetings Corporation have announced a partnership agreement, under which Elliott will purchase a majority ownership stake in American Greetings, a global leader in the Celebrations marketplace.
Company Info
Additional Info
American Greetings Corporation is a global leader in the large and enduring Celebrations marketplace, helping people celebrate holidays, special moments, and relationships in person and online. Its brands include American Greetings, Papyrus, Carlton Cards, and Recycled Paper Greetings. The company's digital unit, AG Interactive, provides digital greetings and premium Celebrations content through proprietary technology platforms and apps.