Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.7 billion

📆 11/06/2019 03:35 ص
📰 CNBC

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Digital imaging company Shutterfly announced on Monday that it's agreed to be acquired by Apollo Global Management.

Apollo Funds will acquire all outstanding shares of Shutterfly for $51 per share in cash, which represents a premium of roughly 1.5% to Shutterfly's closing price on Monday. Shutterfly ended the trading day up 2.7%, and was briefly halted in extended trading.

In a separate announcement on Monday, Shutterfly named Ryan O'Hara president and CEO, effective June 24.

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »