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Online florist 1-800-Flowers.com is purchasing the iconic gift company Harry & David for $142.5 million.
The deal includes all of the Harry & David brands (including Harry & David, Wolferman's and Cushman's); their websites; the company's headquarters, facilities and orchards in Medford, Ore.; a warehouse and distribution facility in Ohio; and the brand's 47 retail oulets in United States.
Harry & David's senior management team will join 1-800-Flowers and the brand will operate as a wholly-owned subsidiary of 1-800-Flowers.
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