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Shutterfly, Inc. -- Moody's says Shutterfly's Ba3 CFR and negative outlook not impacted by announcement of pending sale to private equity firm Apollo

Moody's Investors Service ("Moody's") said Shutterfly, Inc.'s Ba3 Corporate Family Rating (CFR), existing debt ratings and negative outlook are not immediately impacted by Monday's announcement that the company has entered into a definitive agreement to be acquired by funds managed by affiliates of private equity firm Apollo Global Management, LLC. For further information, please visit www.moodys.com. Headquartered in Redwood City, CA, Shutterfly, Inc. is a leading online manufacturer and retailer of personalized consumer photo products and services through premium brands. This publication does not announce a credit rating action.