News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

How SurveyMonkey recovered from the death of its CEO and became a $2.1 billion public companySurveyMonkey went public three years after its CEO, Dave Goldberg, suddenly died. The company is now run by Zander Lurie.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »