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Recycled Paper Greetings Launching The Onion Greeting Cards

Recycled Paper Greetings The OnionRecycled Paper Greetings (RPG) is introducing a new line of cards from The Onion, a online fake news website. The line includes 12 cards that have the look of an article torn from a newspaper, and include The Onion's funny headlines. One example reads, "Search For Self Called Off After 38 Years," and features a disheveled man lying on a couch in a robe and pajama bottoms as cereal and junk food form a protective barrier around him. Another card, shows a picture of a woman with the headline, "List Of Friends Revised After Birthday Party."

"We are thrilled to introduce these new cards with The Onion because we know that many of our consumers are big fans of the publication," said Jude Rake, CEO, Recycled Paper Greetings. "At RPG we always focus on offering topical humor that shoppers will stop and notice, and few, if any, do that better right now than The Onion."

Posted on September 30, 2009
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American Greetings Seeks to Acquire Recycled Paper Greetings

Recycled Paper GreetingsAmerican Greetings is seeking to acquire rival Recycled Paper Greetings Inc. Recycled Paper Greetings filed for bankruptcy as part of the proposed sale. RPG Investment Holdings strongly opposes the actions taken by American Greetings reports Reuters.
RPG Investment Holdings and funds affiliated with private equity firm Monitor Clipper Partners LLC said in a separate statement on Friday that they "strongly oppose the actions taken by American Greetings" prior to the bankruptcy filing.

According to Recycled Paper's website, it is a Monitor Clipper portfolio company.

"Through its unlawful actions, we believe American Greetings is attempting to eliminate Recycled Paper Greetings as a competitor, in an effort to gain more widespread traction in the lucrative market segment in which Recycled Paper Greetings excels," the investors said.
There are other article about investors complaining about the sale here, here and here.

Posted on January 5, 2009
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