Clarion Capital Partners buy Cross

[:en]A.T. Cross Co. sold its accessories division, including pens. In the digital age, writing instruments seem to have as bright a future, as horse carriages 100 years ago when automobiles arrived.

The buyer is part of Clarion Capital Partners, and the purchase price is US$60 million.

Clarion owned the leather goods brand Hartmann for a while, until it sold it to Samsonite.[:]