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In 2018, The Weiss family sold a 60% majority stake of the company to the investment firm Clayton Dubilier & Rice. In July 2008, American Greetings announced the sale of its Strawberry Shortcake and Care Bears properties to DIC Entertainment (now part of Cookie Jar Entertainment).
The Wiess Family will continue to operate as directors and shareholders ao American Greetings as well as retaining ownership of the Clintons in the U. However, January 9, 2009 it announced that the planned sale had been canceled.
In 2010, American Greetings announced plans to move its headquarters from Brooklyn, Ohio to a new facility at Crocker Park within the nearby city of Westlake.
However, in 2013, the company announced it would delay moving its operations to Westlake.
Under that deal, American Greetings would pocket million for the animation assets while Cookie Jar would get million for its own rights.
March 30, 2009, Cookie Jar made a million counter-bid for Care Bears and Strawberry Shortcake.
In May 2009, American Greetings filed a 0 million lawsuit against Cookie Jar with Cookie Jar filing a million countersuit against American Greetings over the Care Bears and Strawberry Shortcake deal.
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American Greetings' toy design and licensing division, Those Characters From Cleveland (now American Greetings Properties), includes copyrighted properties such as Care Bears, Topsy and Tim, The Get Along Gang, Popples and Holly Hobbie.
American Greetings also holds an exclusive license for Nickelodeon characters.
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