The Shuman Law Firm Investigates American Greetings Corporation

The Shuman Law Firm today announced that it is investigating claims in connection with the proposed buyout of American Greetings Corporation (“American Greetings” or the “Company”) (NYSE: AM) by members of Company’s founding family.

Under the terms of the proposal, public shareholders of American Greetings will receive $17.18 per share in cash for each share of American Greetings stock they own for a total of approximately $532 million. According to YCharts, this proposed buyout price is well below the Company’s book value of $19.48 per share. The Firm’s investigation focuses on this issue. As one Seeking Alpha article stated with respect to this transaction, “it is unreasonable to sell a company that has stable business and minimum capital expenditure below the book value, especially to the company's senior management.”

If you currently own American Greetings common stock and would like a free consultation concerning your rights and interests, please contact Kip Shuman, Esq. or Rusty Glenn, Esq. toll-free at 866-974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative litigation.

Contacts:

The Shuman Law Firm
Kip B. Shuman, Esq., 866-974-8626
kip@shumanlawfirm.com
or
Rusty E. Glenn, Esq., 866-974-8626
rusty@shumanlawfirm.com
Fax: 303-484-4886
www.shumanlawfirm.com
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