Ancora Advisors Sends Letter To Chairman Of Shutterfly, Inc. Urging Board To Add New Directors And Launch Strategic Process To Sell Company

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Mar 07, 2016, 10:42 ET

CLEVELAND, March 7, 2016 /PRNewswire/ -- Ancora Advisors LLC ("Ancora"), a shareholder of Shutterfly, Inc. ("Company"), sent a letter this morning to Philip Marineau, the Board Chairman at Shutterfly. Please find below a link to the full text of the letter.

Please click the following link to access the full letter: ANCORA LETTER TO SFLY CHAIRMAN

About Ancora Advisors

Ancora Advisors LLC is a registered investment adviser with the Securities and Exchange Commission of the United States. Ancora offers comprehensive investment solutions for institutions and individuals in the areas of fixed income, equities, global asset allocation, alternative investments and retirement plans. A more detailed description of the company, its management and practices are contained in its "Firm Brochure" (Form ADV, Part 2A). A copy of this form may be received by contacting the company at: 6060 Parkland Boulevard, Suite 200 Cleveland, Ohio 44124, Phone: 216-825-4000, or by visiting the website, www.ancora.net/adv

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PDF - http://origin-qps.onstreammedia.com/origin/multivu_archive/ENR/Ancora-letter-to-SFLY-3_7_16vF_PDF.pdf

SOURCE Ancora Advisors