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Elliott Investment Management Closes Acquisition of Majority Interest in American Greetings

calendar_today February 3, 2025 person Karyn Carlin domain american-greetings

CLEVELAND, Feb. 3, 2025 /PRNewswire/ — Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion of the previously announced transaction in which Elliott acquired a majority ownership stake in American Greetings, a global leader in the large and enduring Celebrations marketplace.

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