Friday, November 2, 2012
United Online: FTD Split Expected By August 2013
Woodland Hills-based United Online, the hybrid Internet Service Provider and flower delivery service (via FTD), reported yesterday in its quarterly results that it now expects to spin off FTD as an independent, publicly traded company by August of 2013. United Online also said it is looking at "strategic alternatives" for its other businesses. United Online had said in August that it was looking to split the two businesses. United Online owns Memory Lane, Classmates, MyPoints, NetZero, and Juno.