Reuters: Technology News: Shutterfly says no rival bids for Kodak business

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Shutterfly says no rival bids for Kodak business Apr 25th 2012, 13:31 Wed Apr 25, 2012 9:31am EDT (Reuters) - Photo-sharing service Shutterfly Inc (SFLY.O) said there were no competing bids for Eastman Kodak Co's (EKDKQ.PK) online photo services business that Shutterfly is set to buy for $23.8 million. Eastman agreed to sell the business to Shutterfly last month, kicking off the bankrupt photography pioneer's relaunch as a slimmer company. The companies plan to close the deal following final approval by the bankruptcy court, Shutterfly said in a statement on Wednesday.

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