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In November 2013, United Online spun off its floral delivery subsidiary, FTD, which became a separate NASDAQ-traded company called FTD Companies, Inc., under the symbol FTD. [5] Directly following the spin-off of FTD, long time CEO Mark Goldston, who had been with the company for 14 years, taken it public and presided over the acquisitions and ...

United Online Updates FTD Tax-Free Spin Off Timetable. Print Page | Email Page WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Sep. 20, 2013-- United Online, Inc. (Nasdaq: UNTD) today announced that it expects its previously announced separation of FTD Companies, Inc. ("FTD") from United Online to be completed on November 1, 2013.The company previously had targeted an October 1, 2013 separation ...

A: United Online, a diversified Internet company, on Nov. 1 announced it had completed the spin-off of its FTD flower ordering system. The move was taken for the same reason many companies spinoff ...