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Clayton, Dubilier and Rice: Elliott Investment Management to Acquire Majority Interest in American Greetings
December 21, 2024
NEW YORK, Dec. 21 -- Clayton, Dubilier and Rice, an investment firm, issued the following news release on Dec. 20, 2024:

Elliott Investment Management L.P. ("Elliott"), Clayton, Dubilier & Rice ("CD&R"), and American Greetings Corporation ("AG") announced today an agreement under which Elliott will purchase a majority ownership stake in American Greetings, a global leader in the large and enduring Celebrations marketplace. Terms of the transacti . . .

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