- 1-800-FLOWERS.COM (NASDAQ:FLWS) discloses it was the successful bidder at the auction for certain assets of the gourmet food business of the FTD Companies, including the Shari’s Berries brand.
- The bankruptcy court will consider approval of the transaction at a hearing to be held on August 9.
- The company will acquire the assets through one of its wholly owned subsidiaries and plans to close the transaction soon after the hearing, subject to satisfaction of customary closing conditions.
- Source: Press Release