Thursday, April 06, 2006
Deal for Candy Company
The Internet flower company 1-800-Flowers.com said yesterday it had agreed to buy Fannie May Confections Brands, the candy maker, for $85 million to expand its food and beverage sales. The purchase includes a candy factory in North Canton, Ohio, and 52 retail stores in the Chicago area, 1-800-Flowers.com said.
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