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Shutterfly’s Kodak Gallery Deal: Game-Changer Or Not?

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Linked by The Tech Trade ( track newsfeed | ignore newsfeed ) - March 09, 03:32AM from (www.forbes.com)

Shutterfly shares have rallied almost 18% since the company's March 1 announcement that the company has agreed to a $23.8 million "stalking horse" bid for Kodak Gallery, the online photo services site operated by Kodak, which is now in Chapter 11 bankruptcy proceedings. The market likes the deal so much that it has lifted Shutterfly's ...

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