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

April 2018

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.

For additional information about this matter, please contact: James P. Dougherty, Daniel J. Michaels, George M. Hunter

Client(s): American Greetings Corporation
Practice(s): M&A, Private Equity, Tax