In the end, Provide Commerce (NASDAQ:PRVD) wanted liberty and justice for all and won on both counts. Liberty came in the form of Liberty Media (NYSE:L) offering $33.75 a share yesterday in an all-cash transaction for the consumer-direct online marketplace for perishable goods like flowers, meats, and fruit baskets.

Justice came in the form of a buyout price that was nearly twice the price that Provide's shares were fetching when the company missed its March quarter targets earlier this year.

The April swoon proved to be short-lived. Provide Commerce bounced back on the heels of a strong Mother's Day holiday and a blowout June quarter. The company's attractive business model at ProFlowers.com, promising flowers that were "direct from the fields," clicked with customers.

FTD (NASDAQ:FTD), and to a lesser extent 1-800-Flowers (NASDAQ:FLWS), would have been hard-pressed to fully embrace the consumer-direct approach because they rely on local florists as a revenue source by selling them products and services related to their floral networks. Arguing that the old-school way would tack on at least a week of extra handling to something with a limited shelf life like a dozen roses, Provide Commerce also clicked with retailers.

From Amazon.com to Martha Stewart Living (NYSE:MSO) to Home Depot (NYSE:HD), traditional and online storefronts took a shine to Provide Commerce's lean infrastructure and began to offer the service to their own customers.

It made Provide Commerce dangerous, and that led to a lawsuit by FTD back in August, claiming that Provide's claims were deceptive because the company would sometimes house inventory in refrigerated warehouses on the way to its end users. The litigation wasn't entirely without merit, and that may have been what spooked Provide Commerce into considering an exit strategy that would still deliver a premium to its investors.

Earlier this year, Provide Commerce was recommended to subscribers of the Motley Fool Rule Breakers newsletter service. It's not the first pick from the premium research product to be acquired at a respectable markup. Archipelago Holdings (NYSE:AX) is in the process of sealing the deal with the New York Stock Exchange today. That's a great reason to follow attractive growth stocks. If they don't appreciate organically, there's always a chance they'll be gobbled up by a larger company.

Eyeing the Rule Breakers scorecard -- already up three times as much as the S&P's return over the same timeframe -- I see at least a half-dozen more active picks that could become buyout bait in 2006. You can see for yourself with a free trial subscription.

These are certainly exciting times. Liberty Media will get a quality outfit that will fit perfectly with some of its properties like QVC and Travel Channel. Investors will get a check for $33.75 a stub, which should be good for a dozen flowers to celebrate -- or commiserate -- the occasion.

The stock closed out the trading day at $33.76, which indicates that the market thinks a higher offer may be on the way. I don't necessarily see it that way, although one can't help but wonder whether Amazon will make a play here, because the two would be so perfect together. Either way, it will just be a matter of time before Provide Commerce heaves that bridal bouquet in the air.

Fools, now is the time to open your hearts and wallets to worthy causes! Please support our five Foolish charities at www.foolanthropy.com.

Longtime Fool contributor Rick Munarriz did use Provide Commerce to deliver flowers to his wife on April Fool's Day. Yes, it's a holiday around these parts. He does not own shares in any of the companies mentioned in this story. T he Fool has a disclosure policy. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.