TowerView opposes Weiss family’s bid to privatise American Greetings

A major shareholder of American Greetings, investment fund TowerView LLC, has announced that it intends to vote against the $878 million privatisation deal led by the publishing giant’s controlling Weiss family. The news comes just a few weeks after the Weiss family announced that it would pay between $18.20 and $18.35 per share in cash

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