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Cookie Jar deal crumbling for lack of dough


January 07, 2009 Market turmoil has forced American Greetings to rework the $195 million sale of its "Strawberry Shortcake," "Care Bears" and "Sushi Pack" properties to Canadian animation producer Cookie Jar Entertainment. On Wednesday, Cookie Jar offered no comment as American Greetings said it is seeking new suitors for its cartoon properties. In an Oct. 8 regulatory filing, American Greetings said that it had "the right to solicit offers from third parties to purchase the properties" and that Cookie Jar may match any third party bid.

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