Sept. 26, 2012
/PRNewswire/ -- Harwood Feffer LLP (
) is investigating potential claims against the board of directors of American Greetings, Corp ("American Greetings" or the "Company") (NYSE: AM) concerning the proposal to take the company private by a management group including Chief Executive Officer
and his family, in a deal valued at roughly
September 26, 2012
, it was announced that CEO
, President and Chief Operating Officer
and other family members have offered
per share for each of the Company's Class A shares and the Class B shares they do not already own in a management buyout. At least one analyst estimates a value of
per share for American Greetings stock.
Our investigation concerns whether the American Greetings board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, and obtaining full and fair consideration for Company shareholders.
If you own American Greetings shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Matthew Houston, Esq.
Harwood Feffer LLP488 Madison Avenue
New York, New York
10022Phone Numbers: (877) 935-7400(212)935-7400Email:
has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (
) for more information about the firm.
Attorney Advertising © 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (
). Prior results do not guarantee or predict a similar outcome with respect to any future matter.