Marathon bid for Shutterfly signals end of an era

Over the last year, Shutterfly management has faced activist shareholders who are pressing for greater stock performance from the leading online photo-product company. Shareholders are understandably concerned about lower net income returns, low stock performance and increased expenditures. Last fall, Silver Lake Partners said it was planning to spend $2 billion to take private the Redwood City photo giant. Shutterfly management even... Read More