Shutterfly

(Shutterfly)

Report: Shutterfly hires investment firm to find buyers

Features Reuters

Online photo-printing service Shutterfly Inc has put itself up for sale and hired boutique investment bank Qatalyst Partners to find a buyer, Bloomberg reported, citing sources. (http://bloom.bg/1mTAcC6)

Continue Reading Below

The company's shares were up 13 percent at $49.05 in premarket trading on Wednesday.

Shutterfly could not be immediately reached for comment.