Hallmark announces intent to take Crown Media private

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Hallmark CEO Affirms Plans to Take Crown Media (CRWN) Private

March 9, 2016 12:12 PM EST

Donald J. Hall Jr., chief executive officer of Hallmark Cards, Inc., today announced that Hallmark intends to acquire all of Crown Media Holdings, Inc.'s (Nasdaq: CRWN) outstanding common stock signaling the company's intent to take Crown Media private.

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