American Greetings Corporation has announced the completion of its acquisition by the Weiss Family for $19.00 per share in cash. American Greetings’ shareholders approved the transaction at a special meeting held on August 7, 2013 at the Company’s headquarters in Cleveland, Ohio. The transaction closed and became effective August 9, 2013. As a result of the transaction, American Greetings’ Class A common shares will be delisted from the NYSE.
What do you have to do as a stockholder?
Within the week, our Paying Agent, Wells Fargo Shareowner Services commenced mailing a “Letter of Transmittal” to all shareholders of record. If you hold your shares in certificated or book-entry form, you will receive instructions for completing the “Letter of Transmittal” and submitting your stock certificates for payment. If a broker holds any of your shares, your broker will handle the exchange for you.
8/21/13 UPDATE: During the week of August 12, 2013, Wells Fargo Shareowner Services commenced mailing of the "Letter of Transmittal". If you do not receive the "Letter of Transmittal" by August 26, 2013, please contact Wells Fargo Shareowner Services at 800-468-9716. Let Wells Fargo know you are an American Greetings shareholder and have not yet received your letter of transmittal. If you have moved in the past few years, please make sure Wells Fargo has your current address on file.
Additional information regarding the mailing will be forthcoming as it becomes available.