Getty Images has announced plans to merge with its rival Shutterstock in a cash-and-stock deal. The combined entity is expected to be valued at $3.7 billion based on yesterday’s closing share prices.
Stock and editorial image licensing giant Getty Images has announced plans of a $3.7 billion merger with its fierce competitor, Shutterstock, a stock photography company. Craig Peters, the chief ...
NEW YORK (AP) — Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition ...
In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock ...
NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (NYSE: GETY) and Shutterstock (NYSE: SSTK) today announced that they entered into a definitive merger agreement to combine ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead ...
Tiffany Hagler-Geard / Bloomberg via Getty Images Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The deal between the two providers of stock images and video ...
NEW YORK (AP) — Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company. The companies said Tuesday that they have complementary ...
Image library companies Getty Images (NYSE: GETY) and Shutterstock (NYSE: SSTK) are merging, sending shares of both companies soaring in morning trading Tuesday. As of 10:15 a.m. ET, Getty stock ...
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