FTD Group gets OK for merger

Downers Grove-based FTD Group Inc. announced Monday that its stockholders voted to support a merger involving FTD, United Online, and UNOLA Corp., an indirect wholly owned subsidiary of United Online. Shares voted in favor of the merger represented more than 79 percent of the total issued and outstanding shares of common stock of FTD, the company said in a prepared statement. The merger is expected to close today, making FTD an indirect wholly owned subsidiary of United Online. FTD's stockholders will be entitled to receive $10.15 in cash, without interest, and 0.4087 of a share of United Online common stock for each share of FTD common stock that they own, the company said.