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American Greetings receives offer to go private
CLEVELAND — A greeting cards company announced that its board of directors has received a nonbinding proposal to go private.
American Greetings confirmed that the board received a letter from CEO Zev Weiss, president and COO Jeffrey Weiss, along with certain other members of the Weiss family and related parties, to acquire all of the outstanding class A and class B common shares of American Greetings not currently owned by the them for $17.18 per share.
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Paris Business Products expands Dotz brand
WESTAMPTON, N.J. — A line of cord and cable management products is expanding to include a new item.
New Dotz reusable cord straps are designed to bundle together cords without having to use permanent ties. Each Dotz reusable cord strap features a built-in lock to keep bundles secure. The straps allow users to organize and uniquely identify cords by location and length.
Available in packs of five, new Dotz reusable cord straps carry a suggested retail price of $3.99.