Monday, March 5, 2012

Kodak Selling Online Gallery to Shutterfly

Following its Chapter 11 filing, Kodak announced it is selling its online gallery to Shutterfly. Kodak is thought to have about 5 million users. Those users can opt-out of the shift and download their pictures for free or purchase CDs of them from Kodak. Shutterfly stock rose nearly 15% following the announcement.

© C Harris Lynn, 2012

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