Kodak sells online business to Shutterfly

(Reuters) - Eastman Kodak Co has agreed to sell its online photo services business to Shutterfly Inc for $23.8 million, kicking off the bankrupt photography pioneer's relaunch as a much slimmer company although a patent sale seen crucial to its turnaround may still be months away.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/3XOnUVPqhbg/us-kodak-shutterfly-idUSTRE8202AY20120302

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