Ryan & Maniskas, LLP (
) is investigating potential claims against the board of directors of American Greetings Corp. (“American Greetings” or the “Company”) (NYSE: AM) concerning possible breaches of fiduciary duty and other violations of law related to American Greetings’ receipt of a proposal from its Company’s CEO, Zev Weiss, and President and COO Jeffrey Weiss to acquire all of the outstanding shares of the Company’s common stock in a going private transaction valued at approximately $523 million.
Our investigation concerns the Company’s board of directors’ process for consideration of the proposed transaction, whether American Greetings is acting in its shareholders’ best interests and whether the proposed consideration to be paid to American Greetings shareholders would be fair and adequate. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
Under the terms of the proposed transaction, American Greetings shareholders would receive $17.18 per share of American Greetings stock they own.
If you own shares of American Greetings and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit:
. You may also email Mr. Maniskas at
. For more information about class action cases in general, please visit our website:
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.