Photo > Street

Shutterfly and Snapfish Acquired by Private Equity Firm, to Merge

3 monthes ago   |   By Peta Pixel

The private equity firm Apollo Global Management has stuck deals to acquire both Shutterfly and Snapfish. It plans to merge the two photo product retailers to form an even larger combined business.
Reuters reports that Apollo has agreed to pay $2.7 billion for Shutterfly, including $900 million in debt held by the public company, which will be taken private in the deal. The Wall Street Journal reports that the deal for Snapfish, which is owned by the privately-held District Photo, is valued at about $300 million.
The deal combines two notable players in a competitive retail photo product...
Read more ...

 


Search by Tags

   Street      Industrial      Photography      School      Print      Miscellaneous  


Emma Elliott presents new marble sculptures at on form 18

Emma Elliott presents new marble sculptures at on form 18

Emma Elliott is one of forty sculptors selected for on form 18, a biennial exhibition of sculpture in stone at Asthall Manor in the Cotswolds. She joins world renowned and... Read more ...