Joseph Tartakoff
May 5, 2009 4:00 PM
United Online (NSDQ: UNTD) managed to offset falls in advertising revenue at Classmates.com by getting more people to sign up for paid accounts on the social networking site. United said that ad revenue fell 2 percent at Classmates.com to $20.3 million during its first fiscal quarter, although services revenue jumped…
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Money, Earnings, Social Media, classmates.com, ftd
Joseph Weisenthal
Aug 26, 2008 5:41 PM
One of the more unexpected M&A deals closed today, as United Online (NSDQ: UNTD) completed the acquisition of floral company FTD for $754 million in cash and stock. The deal, which gives FTD shareholders 15 percent of the combined company, was originally valued around $800 million. The company says the…
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Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, ftd, united online
Joseph Weisenthal
Apr 30, 2008 7:13 AM
A dialup-access business, a social network… why not add a flower business? United Online (NSDQ: UNTD), the ISP and parent of Classmates.com has announced the acquisition of FTD, the floral products company, for $800 million. FTD shareholders will receive a combination of cash, stock, and United Online debt worth $15.08…
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Money, M&A & Venture Capital, Mergers & Acquisitions, ftd, united online
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