Sweet deal for FTD
FTD, the Downers Grove-based floral company, will be acquired by United Online Inc. for about $456 million in cash, notes and stock, the companies announced Wednesday. The takeover, which totals $800 million when FTD debt and expenses are included, values FTD at $15.08 a share, a 12 percent premium to the florist's closing price on Tuesday....
5/1/2008 10:00:00 AM
Chicago Sun-Times Business
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