1-800-Flowers is buying Harry & David

Written By limadu on Selasa, 02 September 2014 | 21.29

harry and david 1-800-Flowers is buying fruit basket company Harry and David for $142.5 million.

NEW YORK (CNNMoney)

1-800-Flowers.com (FLWS) has agreed to buy the retailer Harry & David Holdings for $142.5 million in cash, the companies announced Tuesday.

The 80-year-old Harry & David specializes in its so-called Fruit of the Month gift baskets, but it also ships chocolate and wine.

The Oregon company operates as an online retailer, though it also has 47 stores throughout the U.S.

First Published: September 2, 2014: 8:40 AM ET


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