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Industry: Email Alert RSS FeedAmericanGreetings.com - Brief Article - Statistical Data Included
DSN Retailing Today, Feb 19, 2001
AmericanGreetings.com and Egreetings Network have signed a merger agreement in which AmericanGreetings.com will extend an all-cash tender offer of $0.85 per share for all outstanding common shares of Egreetings. Stockholders representing approximately 27% of the outstanding shares of Egreetings' common stock have already agreed to tender their shares and vote in favor of the merger.
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Together with the shares owned by affiliates of AmericanGreetings.com, this commits approximately 47% of the outstanding stock in favor of the merger agreement.
COPYRIGHT 2001 Lebhar-Friedman, Inc.
COPYRIGHT 2001 Gale Group
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