Bankruptcy court approves sale of FTD North America to Nexus Capital

FTD Companies Inc said Aug. 9 that it received bankruptcy court approval for the sale of FTD North America, as well as its Latin America consumer and florist businesses, including ProFlowers, to Nexus Capital Management LP for about $110.9 million. FTD is also selling Shari's Berries to an affiliate of 1-800-Flowers.com Inc for $20.5 million.

DealsNorth AmericaUSConsumer goodsRetailBriefs