Scott D. Levin Appointed Interim President and Chief Executive Officer
Company Provides Update on 2018 Business Outlook
DOWNERS GROVE, Ill., July 19, 2018 (GLOBE NEWSWIRE) — FTD Companies, Inc. (Nasdaq:FTD) (FTD or the Company), a premier floral and gifting company, today announced that its Board of Directors has initiated a review of strategic alternatives focused on maximizing stockholder value. The strategic alternatives expected to be considered include, but are not limited to, a sale or merger of the Company, FTD continuing to pursue value-enhancing initiatives as a standalone company, a capital structure optimization that may involve potential financings, or the sale or other disposition of certain of the Companys businesses …
Read the full article at: https://globenewswire.com/news-release/2018/07/19/1539839/0/en/FTD-Companies-Inc-Announces-Review-of-Strategic-Alternatives-Corporate-Restructuring-and-Cost-Savings-Plan-and-Preliminary-Second-Quarter-Financial-Results.html