Business
American Greetings Corp. said it would buy rival Bluemountain.com for $35 million in cash, just two years after At Home Corp. paid $780 million in cash and stock for the e-mail greeting card publisher.
Sept. 14, 2001
Greeting card companies scramble to generate fresh images and messages each holiday season.
Dec. 18, 1997
American Greetings Corp., a 100-year-old greeting-card company, said it bought a major stake in Hatchery, which develops and produces family and children’s entertainment.
Dec. 18, 2004
American Greetings Corp., the No. 2 U.S. greeting card company, agreed to buy No. 3 Gibson Greetings Inc. for about $163 million, or $10.25 a share, to increase its British and Internet presence and challenge leader Hallmark Cards Inc.
Nov. 4, 1999
American Greetings Corp. and Egreetings Network Inc. have been discussing ways to merge their online businesses, according to a regulatory filing.
April 21, 2000
American Greetings Corp., the largest publicly held maker of greeting cards, said it will sell a minority stake in its Internet unit through an initial public offering to boost spending on its online and software business.
June 18, 1999
The U.S. government dropped securities fraud charges against two former Kmart Corp. vice presidents after prosecution witnesses said the men might not have concealed information or violated company accounting policies.
Nov. 8, 2003
American Greetings Corp. reported a 14% decline in quarterly earnings and said it will cut 1,500 jobs, or 13% of its work force, as part of a restructuring.
March 28, 2001
Jacob Sapirstein, founder of American Greetings Corp. 81 years ago, died Wednesday at his home in University Heights.
June 27, 1987
June 26, 1987