Deals
Shutterfly Says Private Equity Firm Shows Interest in Buying It
- Digital photo website gets letter outlining PE interest
- Details anonymously forwarded to investment community
This article is for subscribers only.
Shutterfly Inc., a digital photo website, said it received an expression of takeover interest from a private equity firm it doesn’t identify. The company isn’t negotiating a deal.
The letter outlining interest in a deal was also forwarded to "certain participants in the investment community" without Shutterfly’s knowledge or permission, the company said in a statement.