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EXCLUSIVE: Shutterfly Could Be Up For Sale

The Street - 14 Aug 2014 20:25
NEW YORK (TheStreet) -- Several private equity firms, including the ones that competed to acquire Getty Images, have recently considered bids for online digital photo storage and conversion service Shutterfly and the company could be acquired in the second half of the year, according to people familiar with the situation. One individual suggested the company could fetch in excess of $2 billion in a buyout. These people did not rule out strategic bidders, but noted the company's stock performance...
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