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Shares of photo-sharing site Shutterfly (SFLY) jumped as much as 6% Monday on a report that private equity firm Silver Lake Partners is in talks to buy the company. The report followed similar recent articles by Bloomberg News and others, citing unnamed sources, that Hellman & Friedman and Bain Capital are interested in acquiring the Redwood City, Calif.-based firm. Analysts have estimated that Shutterfly could fetch as much as $2 billion in a Scalper1 News
Scalper1 News