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Shutterfly bids for Kodak's online photo services business

The proposed sale is part of Kodak's reorganization of its business after seeking bankruptcy protection

Due to incorrect information provided by the vendor, the story "Shutterfly bids for Kodak's online photo services business," which posted to the wire Friday, incorrectly stated the assets to be transferred by Kodak to Shutterfly. The story has been corrected on the wire and the fourth paragraph now reads:

Shutterfly in Redwood City, California, offers similar online services such as photo storage, sharing and printing as the Kodak Gallery. The terms of the agreement include the transfer of gallery customer accounts and images in the U.S. and Canada to Shutterfly. A Kodak spokesman clarified Friday that the gallery website, name, and intellectual property were not part of the deal.


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