FTD to be Acquired by United Online

Downers Grove, Ill. Floral retailer FTD announced Monday that its stockholders approved a merger with United Online, which will make FTD a wholly owned subsidiary of United Online. The merger is expected to close on Tuesday.

United Online, which provides consumer Internet and media services, owns a number of brands including online social networking, “Classmates,” and online loyalty marketing, “MyPoints.” The company’s communications segment includes Internet service and e-mail providers, NetZero and Juno.

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