Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...

Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger ...

Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...

The stock was selling at $2.57 a share at the close of trading on Monday. Shares of Shutterstock were up by around 30% before the market opened on Tuesday. Getty Images shareholders will own about ...

Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ...

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...

Getty Images already works with more than half a million content creators around the globe and serves customers in nearly ...

The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.

The merger comes at a time when companies that use still images are facing increased competition from images generated by ...

Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday ...