1-800-Flowers (FLWS) Pops on Drugstore.com (DSCM) Deal

March 24, 2011 11:14 AM EDT
1-800-Flowers.com Inc. (Nasdaq: FLWS) is seeing some upside today, following the announced acquisition of drugstore.com (Nasdaq: DSCM) by retail pharma giant Walgreen (NYSE: WAG) for $429 million.

1-800-Flowers shares have popped 3.6% today.

Investors may be speculating a possible acquisition of the venerable flower outlet. No official word or comments have been made as of yet.

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