Content area
Full text
A Southfield investment firm controlled by James Grosfeld, a former CEO of Pulte Group Inc., has secured a stake of more than 5 percent in the Class A common stock of Cleveland-based American Greetings Corp., which is the object of a go-private offer by CEO Zev Weiss and members of his family.
In an Oct. 26 filing with the U.S. Securities and Exchange Commission, Southfield-based Dawson Investments LAC revealed that it had acquired 1,580,614 shares, or 5.49% of the greeting card company's Class A stock as of Oct. 23. Dawson Investments paid...