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GIBSON GREETINGS, INC. ACQUIRES THE PAPER FACTORY

 CINCINNATI, May 28 /PRNewswire/ -- Gibson Greetings, Inc. (NASDAQ: GIBG) today announced the consummation of its previously announced agreement to acquire The Paper Factory of Wisconsin, Inc., located in Appleton, Wis. The Paper Factory, founded in 1985, operates 106 retail stores located primarily in manufactures' outlet shopping centers in the Midwest, South and West.
 -0- 5/28/93
 /CONTACT: Ward A. Cavanaugh, vice president-finance, Gibson Greetings, Inc., 513-841-6675/
 (GIBG)


CO: Gibson Greetings ST: Ohio IN: HOU SU: TNM

KL -- CL014 -- 3511 05/28/93 16:27 EDT
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Publication:PR Newswire
Date:May 28, 1993
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