WOW!
Shutterfly has acquired Tiny Prints, a company that online publishing company that sells cards, invitations, personalized stationery and photo books. The deal includes $141 million in cash, and approximately 3.9 million shares of Shutterfly common stock. In addition, Shutterfly will reserve approximately 1.4 million shares (valued currently at $60 million) of common stock as consideration for the vested and unvested Tiny Prints employee equity aw … Read More
via TechCrunch
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