Industry Resources - News

Brick-and-mortar stores still tops for last minute buys.

In a recent U.S. survey, nearly one out of five internet users will go online to buy their mothers gifts.

At the top of the list, the majority of consumers (35%) will still go directly to speciality stores, such as Florists. Gas prices and other economis issues are impacting retail shopping and prices at just about every level.

Total consumer spending this mother's day is expected to reach $15.8 billion.

United Online, Inc. to Acquire FTD Group, Inc. for Approximately $800 Million

World-Class FTD Brand Significantly Diversifies United Online Portfolio
Pro Forma Combined Revenues of $1,145 Million and Pro Forma Combined Operating Income of $175 Million for the 12 Months Ended December 31, 2007

United Online, Inc., a leading provider of consumer Internet and media services, and FTD Group, Inc., a leading provider of floral and related products and services to consumers and retail florists in the United States, Canada, the United Kingdom and the Republic of Ireland, announced today that they have entered into a definitive merger agreement providing for the acquisition of FTD Group, Inc. by United Online, Inc.

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