Rosen Law Firm Announces Investigation of American Greetings Corp. In Connection With Its Going Priv
Rosen Law Firm Announces Investigation of American Greetings Corp. In Connection With Its Going Private Proposal - AM
NEW YORK--(BUSINESS WIRE)-- The Rosen Law Firm, P.A. is investigating the Board of Directors of American Greetings Corp. (NYS: AM) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from its Chief Executive Officer and Chief Operating Officer.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.
Under the terms of the proposal, offered by American Greetings' Chief Executive Officer, Mr. Zev Weiss and its President and Chief Operating Officer, Mr. Jeffrey Weiss, will pay $17.18 per share for each share of American Greetings stock owned by public shareholders. The proposed transaction has a total value of approximately $532 million. The investigation relates to whether American Greetings' Board breached its fiduciary duties in connection with the offer.
If you own American Greetings common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Phillip Kim, Esq.
Laurence Rosen, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com
KEYWORDS: United States North America New York
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The article Rosen Law Firm Announces Investigation of American Greetings Corp. In Connection With Its Going Private Proposal - AM originally appeared on Fool.com.
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