 |
User: Login |
Weblog covering digital business
Digital Business, Live From New York |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
 Send to email | United Online To Buy FTD Group For $800M in UNTDFTD |  By Silicon
el 30-Apr-2008 |
images.jpeg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 Here's a way to get out of the evaporating dial-up ISP business: United Online (UNTD), owner of low-cost ISPs NetZero and Juno, is acquiring mega-florist FTD Group (FTD) for $800 million in cash and stock.
The total purchase price amounts to $15.08 a share for FTD, an 11% premium on Tuesday's closing price. FTD shareholders will end up owning 15% of United. The acquisition will reduce United's online access business to less than 25% of total revenue. United also owns social network Classmates.com.
We don't know what the folks at United know about the flower business, but CEO Mark Goldston has a background in retail (apparel, cosmetics) and says he'll be able to market FTD products to United's user base of 50 million accounts.
Separately, United released preliminary Q1 results, and raised revenue and operating income guidance:
New guidance:
Revenue: $121 million - $121.8 million
Operating income: $19 million - $20.5 million
Previous guidance:
Revenue: $116 million - $120 million
Operating income: $11.8 million - $15.8 million
Upon closing of the deal, United is decreasing its regular cash dividend from $0.20 to $0.10.
Read 7 times
|
|
 |
 | Kotaku`s The Gamers Guide |  Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |
Hello, Guest
Online: 127 visitors
+ fotos
Filed under: First Person Shooters, Rhythm
Publishing juggernaut Activision recently partnered up with the United Service Organization, a non-profit group whose sole purpose is to boost the morale of those currently serving in the arm [..] 
Revision3 -- which makes and distributes online videos like "Diggnation" -- was down for the long weekend. But that's not news; online services go down all the time. (Ahem: Twitter.) So why [..] 
Break Media wants a bigger share of TV advertising, and is forming an industry group to help agitate for it. The company, which runs video site for dudes Break.com, is launching the Online Vid [..] 
CBS execs aren't using those words, of course: They love their online fans! But they're done listening to them.
This spring CBS paid attention to a noisy group of Webheads who demande [..] 
The Economist Group, owner of Capitol Hill paper Roll Call, acquired Capitol Advantage, a company that makes digital tools for political lobbying, for $43 million. Capital Advantage will bec [..] 
