Get Well Soon
No. 3 U.S. greeting-card maker Gibson Greetings has seen major retail customers go bankrupt, suffered a derivatives fiasco, and uncovered inventory overstatements at its gift-wrap unit. Its stock had recovered lately on "some belief the worst was over," says one analyst. But on July 24, Gibson spurned suitor American Greetings, citing the prospect of "overwhelming antitrust problems." The company says it's looking for other offers.
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