Shutterfly (SFLY +3.9%), which closed on Friday near its 52-week low, announces it's obtained a...

|By:, SA News Editor

Shutterfly (SFLY +3.9%), which closed on Friday near its 52-week low, announces it's obtained a 5-year, $125M revolving credit facility. The company says it will use the facility, which it can expand by $75M, for general corporate purposes. As of Sep. 30, Shutterfly held $68.7M in cash and equivalents, and no debt.