Bankrupt Eastman Kodak (EKDKQ.PK) agrees to sell its online photo services to Shutterfly (SFLY)...

|About: Eastman Kodak Co. (KODK)|By:, SA News Editor

Bankrupt Eastman Kodak (EKDKQ.PK) agrees to sell its online photo services to Shutterfly (SFLY) for $23.8M. Accounts of Kodak Gallery’s 75M users in the U.S. and Canada would be transferred to SFLY under the agreement, which is subject to competing bids at an auction. SFLY +17.6% AH.