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American Greetings Spins Off Online Unit

American Greetings Corp. will reposition its electronic marketing unit as a separate, online subsidiary, which could be spun off into a publicly company this year, according to wire service reports. The firm will boost its cash investment in americangreetings.com, by an unspecified sum.

American Greetings Corp. will reposition its electronic marketing unit as a separate, online subsidiary, which could be spun off into a publicly company this year, according to wire service reports. The firm will boost its cash investment in americangreetings.com, by an unspecified sum.

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