M&A Action: Shutterfly eats TinyPrints, Calumet/Bowens have new owners

The M in Monday stands for M&A (mergers and acquisitions)! Today we have two deals in the world of photography making the internet rounds as follows:

+ Shutterfly buys TinyPrints - see at PMA Newsline, Techmeme

+ Calumet and Bowens have new owner, HS Real - see via Digital Journal of Photography