Ribs Capital Engages in Discussions with CSS Industries
January 09, 2020 at 04:58 pm EST
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On January 9, 2020, Ribs Capital, LLC announced that it has met with certain members of CSS Industries, Inc.’s Board of Directors and their representatives on January 6, 2020, to discuss, among other things, a range of potential transactions between Ribs Capital and the Company and it will continue to engage with the Company to explore different alternatives to increase shareholder value, including the possibility of a negotiated transaction.
CSS Industries, Inc. is a United States-based consumer products company. The Company is engaged in development, manufacture, procurement, distribution and sale of various categories of products include seasonal, which includes holiday gift packaging items, such as ribbon, bows, greeting cards, bags, tags and gift card holders, in addition to specific holiday-themed decorations, accessories, and activities; gift, which includes products designed to celebrate certain life events or special occasions, such as weddings, birthdays, anniversaries, graduations, or the birth of a child, and its offered products include ribbons and bows, floral accessories, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery and other items; and craft, which includes sewing patterns, ribbons and trims, buttons, knitting needles, needle arts and kids crafts.
CSS INDUSTRIES, INC. 
