Business Services Industry
Late News.(Brief Article)
Crain's Cleveland Business, December, 1999
AM Greetings to gain stake in e-rival A spokesman for American Greetings Corp. said the company hasn't decided what to do with the 20% stake it will receive in Egreetings Network upon completion next month of its acquisition of Cincinnati-based Gibson Greetings Inc. Egreetings, an electronic greetings provider, went public last Friday, Dec.
17, at $10 a share. Gibson provides content for Egreetings and is Egreetings' largest stockholder, with 6.8 million shares. American Greetings will pay $162 million for Gibson. American Greetings operates a competitor to Egreetings, AmericanGreetings.com. Angela Y. Hardin Linsalata closes four more deals It has been a busy holiday season for Linsalata Capital Partners. The Cleveland-based buyout firm said it recently closed...
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