THE NEWS: Shutterfly's stock climbed after the online photo publishing company emerged as the sole and thus the likely winning bidder for Eastman Kodak's online photo services business.
CLOSER TO CLOSE: The company says no other offers have emerged for Kodak Gallery. Pending final approval by a bankruptcy court, the business will be Shutterfly's for $23.8 million. Kodak filed for bankruptcy protection in January.
CONTEXT: The deal could help Shutterfly ramp up growth in a competitive industry. Janney analyst Shawn Milne said the deal increases Shutterfly's customer base, with the company gaining about 2 million active customers from Kodak.
Matt Vespa - Arby's Apologizes To Law Enforcement After Employee Refused To Serve Police Officer
Hugh Hewitt to Trump: Do you know who the Quds Force is? - Hot Air
Homemade Gunpowder from What? - Bearing Arms - Video
War on cops: Female officer in Penn. assaulted and thrown over guardrail after stopping to help disabled vehicle
How to Write a New York Times Op-Ed in Three Easy Steps | Human Events
Michael Schaus - Global Warming Tour Cut Off By--Wait for It-- Too Much Ice!
Obama's gun law enforcement at work: sell 55 illegal guns, get one year probation | RedState