American Greetings deal, echoes of larger buyout for Dell

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American Greetings deal, echoes of larger buyout for Dell

by Wochit 1:02 mins

American Greetings deal, echoes of larger buyout for Dell

by Wochit 1:02 mins

A headline-grabbing $24.4 billion bid by Michael S. Dell and the private equity firm Silver Lake Partners has been made to buy the personal computer maker that Mr. Dell founded. Also, a $612 million buyout has been made by the Weiss family of the American Greetings Corporation, the greeting card company they control. Amazon.com CEO Jeff Bezos is revered as one of the brightest minds in corporate America, but even he is still puzzling over how to reverse the financial slide threatening The Washington Post and other major U.S. newspapers. President Barack Obama called for broad reform of the mortgage finance system to boost the U.S. housing market, help still-struggling homeowners, and prevent one of the triggers of the 2007-2009 financial crisis from happening again.

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