Cases & Deals

American Greetings sells majority interest in company to Clayton, Dubilier & Rice

Client(s) American Greetings Corporation

Jones Day advised American Greetings Corporation in its sale of a 60 percent ownership stake to Clayton, Dubilier & Rice. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, retained a 40 percent stake in the business.