9 May 2012

Clinton Cards enters administration after American Greetings enforces debt

The specialist greetings card retailer Clinton Cards has suspended shares on the stock exchange and it’s major supplier, American Greetings, has acquired its £35 million loan facilities from Barclays and the Royal Bank of Scotland. After agreeing to take on the debt, American Greetings announced to the Clinton Cards board that it intends to enforce

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