Apollo Global plans to buy Shutterfly for $1.74 billion
Bloomberg News
(Bloomberg)—Apollo Global Management LLC agreed to buy Shutterfly Inc. for $51 a share in cash, according to a statement Monday. Shutterfly is No. 66 in the Internet Retailer 2019 Top 1000. The deal values the online retailer at about $1.74 billion, based on the company’s outstanding shares at the end of March. Apollo will also […]