Barclays, Deutsche Others Support CD&R American Greetings Buy
Clayton, Dubilier & Rice managed funds are acquiring a 60% ownership stake in American Greetings. The Weiss Family, descendants of Jacob Sapirstein, who founded the company in 1906, will retain a 40% stake in the business. Terms of the transaction were not disclosed.
February 20, 2018 American Greetings | Bank of America Merrill Lynch | Barclays | Citizens Bank | Clauyton | Deutsche Bank Securities | Dubilier & Rice | HSBC Bank USA | ING Capital | KeyBanc Capital Markets | Sumitomo Mitsui Financial Group ABF Journal