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http://www.omniture.com --> Sections Home Page Local News AP News Blogs Archives Business Classifieds Event Calendar Classic Forums Forums Life Opinion Obituaries Multimedia Photo Gallery Readers Photo Gallery Sports Tempo Weather Road Cams Special Coverage 2006 Britt Festivals --> Shop Our Valley AutoFinder HomeFinder JobFinder Search Our Valley Special Sections Distinctly Northwest Women in Business Homelife Magazine Joy Magazine Oregon Golf Info Oregon Wine Info Other Publications Local Links Ashland News eSouthernOregon Newspapers In Education Personals Customer Service Advertise With Us Place Classified Ad Contact Us FAQ's Home Delivery Site Map Email Story to a Friend April 12, 2007 Jackson & Perkins sale goes through Harry and David Holdings Inc. said Wednesday that Harry and David Operations Corp. on Tuesday completed sale of its Jackson & Perkins rose business. The sale was initially announced last week. An investment group led by Donald and Glenda Hachenberger of Florida purchased Jackson & Perkins assets, including the direct marketing and wholesale businesses, the brand, catalog, e-commerce Web site and associated inventory, including premium rose plants, horticultural products and home and garden décor, as well as its direct marketing and wholesale customer lists and relationships. Harry and David Holdings said the sale price was $17 million in cash and approximately $4 million made up of a deferred note, product credits and deferred inventory payments. The Medford-based company said a second transaction covering the sale of Jackson & Perkins' 3,200 acres of real estate in Wasco, Calif., buildings and equipment to a private investment group in California will close prior to June 30. The divestiture totals $49 million. Harry and David Operations Corp. is contracted to provide transitional agricultural and horticultural services through the end of June 2007, wholesale operational services during 2007, and direct marketing operational services and rose shipping through the end of June 2008. WR Hambrecht + Co. of San Francisco Hambrecht offered advice in the transaction. Would you like to respond to this story? If so Click Here to visit our forums. Advertisement Copyright © 1997-2007 Mail Tribune, Inc. All rights reserved. Privacy Policy | Terms & Conditions | Website Feedback online casinos news Home Security Systems Online Casino Reviews Trunks, Footlocker Fundraisers UK Homeowner Loans Casinos Canada Cord Blood Banking Discount Hotel Reservations Texas Electric Choice Compare Electric rates in Texas Online Casino Windermere Van Vleet Men's Clothing Debt Help New Hampshire Primary