UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13G
________________
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
FTD CORPORATION
(NAME OF ISSUER)
Class A Common Stock, $.01 par value
(TITLE OF CLASS OF SECURITIES)
302648 10 0
(CUSIP NUMBER)
__________________
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
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13G
CUSIP No. 302648 10 0
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
PERRY ACQUISITION PARTNERS LP
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [ ]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER
3,729,431
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
3,729,431
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
3,729,431
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
60.9%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
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13G
CUSIP No. 302648 10 0
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
RICHARD C. PERRY
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [ ]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER 3,729,431 (shares owned
beneficially by Perry Acquisition Partners LP)
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
-0-
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER 3,729,431 (shares owned
beneficially by Perry Acquisition Partners LP)
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
-0-
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 3,729,431 (shares owned
beneficially by Perry Acquisition Partners LP)
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
60.9%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1(a) NAME OF ISSUER:
FTD Corporation (the "Company")
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
3113 Woodcreek Drive
Downers Grove, Illinois 60515
ITEM 2(a) NAME OF PERSON FILING:
Perry Acquisition Partners LP(the "Partnership")
Richard C. Perry
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
599 Lexington Avenue, New York, New York 10022
ITEM 2(c) CITIZENSHIP:
The Partnership is a limited partnership organized under the
laws of the State of Delaware. Richard C. Perry is a citizen
of the United States.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Class A Common stock, $.01 par value (the "Class A Shares").
ITEM 2(e) CUSIP NUMBER:
302648 10 0
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) ( ) Broker or Dealer registered under Section 15 of the
Securities Exchange Act of 1934 (the "Act")
(b) ( ) Bank as defined in Section 3(a)(6) of the Act
(c) ( ) Insurance Company as defined in Section 3(a)(19) of
the Act
(d) ( ) Investment Company registered under Section 8 of the
Investment Company Act of 1940
(e) ( ) Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940
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(f) ( ) Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement Income
Security Act of 1974 or Endowment Fund; see Sec.
240.13d-1(b)(1)(ii)(F)
(g) ( ) Parent Holding Company, in accordance with Sec,
240.13d-1(b)(ii)(G) (Note: See item 7)
(h) ( ) Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)
ITEM 4. OWNERSHIP.
(a) Amount Beneficially Owned:
3,729,431 Class A Shares
(b) Percentage of Class:
60.9% (based on the 6,124,539 Class A Shares reported by
the Company to be outstanding as of February 10, 1997)
(c) Number of shares as to which such person has:
(i) sole power to vote:
3,729,431
(ii) shared power to vote:
-0-
(iii) sole power to dispose or to direct the disposition of:
3,729,431
(iv) shared power to dispose or to direct the disposition
of: -0-
The Partnership holds beneficially and of record the Class A
Shares reported herein. Richard C. Perry, as Managing Member of
Perry Investors, LLC, the general partner of the Partnership, may
be deemed to own beneficially, within the meaning of Rule 13d-3
under the Securities Exchange Act of 1934, the foregoing Class A
Shares. By reason of such relationship, the power to vote and
dispose of such Class A Shares may be exercised by Mr. Perry on
behalf of the Partnership. Mr. Perry disclaims beneficial
ownership of the Class A Shares reported herein, other than the
portion of such shares which relates to his individual economic
interest in the Partnership.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Investors in the Partnership have the right to receive or the
power to direct the receipt of dividends from, or the proceeds
from the sale of, the Class A Shares, subject to certain rights
of the Partnership to maintain adequate reserves.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION. (if filing pursuant to Rule 13d-1(b))
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
Dated: February 12, 1997
PERRY ACQUISITION PARTNERS LP
by Perry Investors LLC, general partner
/s/ Richard C. Perry
---------------------------
Richard C. Perry
Managing Member
/s/ Richard C. Perry
---------------------------
Richard C. Perry
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