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Shutterstock (NYSE:SSTK) shares are rising in extended trading Tuesday after the company announced shareholder approval for its proposed merger with Getty Images (NYSE:GETY).
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Getty Images and Shutterstock will merge to create one combined company in a deal valued at $3.7 billion, the two firms announced on Tuesday.
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Getty Images, Shutterstock to Combine in $3.7 Billion Deal - MSNGetty Images Holdings and stock-photo rival Shutterstock are merging to form a company worth about $3.7 billion to meet booming demand for licensed images and videos, as artificial intelligence ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
After Getty Images announced plans for a $3.7 billion merger with competitor Shutterstock, photographers spoke about the effects of the deal.
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 portfolios, and the ...
Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximately 45.3%.
The major stock photo suppliers Getty Images and Shutterstock, among others, are building A.I. image generators with their own data, bypassing the legal worries that have shadowed the industry.
As a combined company, Getty Images and Shutterstock will offer a content library with greater depth and breadth for the benefit of customers, expanded opportunities for its contributor community ...
Curtis Nagle has given his Sell rating due to a combination of factors affecting Shutterstock’s business, particularly its content division. While the second quarter showed a beat in revenue and ...
Getty Images GETY -5.14% Holdings and stock-photo rival Shutterstock SSTK 1.02% are merging to form a company worth about $3.7 billion to meet booming demand for licensed images and videos, as ...
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