ELMSFORD, N.Y. & NAPERVILLE, Ill. -- Factory Card & Party Outlet Corp. (Nasdaq: FCPO):

* AAH Holdings Corporation Will Operate Factory Card & Party Outlet As A Separate Company Within AAH Holdings Corporation Retaining Factory Card & Party Outlet's Brand, Merchandise Mix And Growth Strategy

AAH Holdings Corporation and Factory Card & Party Outlet Corp. (Nasdaq: FCPO) today jointly announced that a subsidiary of AAH and Factory Card & Party Outlet have signed a definitive merger agreement pursuant to which AAH will acquire Factory Card & Party Outlet in an all-cash transaction valued at approximately $72 million, including payments with respect to outstanding stock ...