Russ Berrie mulls survival strategies

Summary


Wayne-based Russ Berrie and Co. Inc. said Thursday that it is exploring strategic alternatives that could include a merger, acquisition, partnership or sale of the company.

The company said in a statement that it received several inquiries about potential deals following the divestiture of its gift business in December. "Based on the inquiries we have received, we have decided to examine a full range of alternatives that may enhance our long-term potential," CEO and President Bruce Crain said in a statement.

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Russ Berrie mulls survival strategies

Russ Berrie sold its gift business, once the ...

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