Shutterfly Announces Preliminary Results of Annual Meeting of Stockholders
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Cantor Fitzgerald Remains Positive as 2 Marathon Activists Win Seats on Shutterfly (SFLY)
June 15, 2015 7:21 AM EDTCantor Fitzgerald maintains a Buy rating and $59.00 price target on Shutterfly Inc. (NASDAQ: SFLY) following Marathon's win of two out of three contested board seats. Analyst Youssef Squali views both the election of the activists, and the re-election of CEO Jeff Housenbold as positives for... More
Activist Nominees Elected to Shutterfly (SFLY) Board, Preliminary Voting Results Show
June 15, 2015 6:42 AM EDTMarathon Partners Equity Management, LLC, together with its affiliates, one of the largest shareholders of Shutterfly, Inc (NASDAQ: SFLY), today announced that, based on the preliminary voting results provided by its proxy solicitor, Okapi Partners LLC, Marathon Partners' nominees, Mario Cibelli and Thomas D. Hughes, have been elected to the Shutterfly Board of Directors at today's Annual Meeting of Shareholders. The... More
