Corporate Mergers

Shutterfly Agrees To Be Acquired By Apollo Global Management

Shutterfly, Inc. Agrees to be Acquired by Certain Funds Managed by Affiliates of Apollo Global Management in an All-Cash Transaction with an Enterprise Value of $2.7 Billion

Shutterfly, Inc. stockholders to receive $51.00 per share in cash

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shutterfly, Inc. (Nasdaq: SFLY) (“Shutterfly” or the “Company”), a leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important moments, today announced that it has entered into a definitive agreement with affiliates of certain funds (the “Apollo Funds”) managed by affiliates . . .

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