July 15 passed and nothing on omnimgmt web site regarding any new bidders? Anyone have any insight?
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Well done Teleflora. Going all in to get FTD as well.
800 is going own and gut FTD. It will be glorious.
Looks like new bidders for FTD, Shari's, and international. 7/31 bidding date.
FTD IS DONE!!!!!!!!!!!!!!!!!!!!!!!
https://www.prnewswire.com/news-releases/ftd-companies-inc-provides-update-on-court-supervised-restructuring-process-300873545.html
Entered into a definitive asset purchase agreement with PlanetArt to acquire Personal Creations for $18.1 million in cash, subject to customary adjustments;
Entered into a definitive asset purchase agreement with Farids & Co., LLC, which is owned by Tariq Farid, founder of Edible Arrangements, LLC, to acquire Shari's Berries for $5.0 million in cash, subject to customary adjustments; and
Entered into an amended and restated definitive asset purchase agreement with an affiliate of Nexus Capital Management LP to acquire FTD's North America and Latin America Consumer and Florist businesses