Getty Images Holdings and Shutterstock have agreed to merge into one visual-content company with an enterprise value of about ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...
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 ...
The companies claim the merged company will 'be well-positioned to meet the evolving needs of creative, media, and ...
Getty Images closed up 13% to $2.39 in New York trading Friday, giving the company a market value of $983 million.
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
"Getty and Shutterstock expect the combination to drive synergies of between 150 million dollars and 200 million dollars across capital expenditures and selling, general and administrative expenses ...