Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo libraries as they face ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when ...
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 ...
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
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 share on Monday.
Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...
Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.
Getty Images announced that it would buy rival Shutterstock to create a $3.7 billion visual content company which is set to ...
Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...