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.
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while ...
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 ...
Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
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 ...
Getty Images and Shutterstock merge, forming a top visual content company, which would have an enterprise value of $3.7 billion. Combined company to achieve $150M–$200M cost synergies ...
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery, video, music, 3D and other media ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition from AI, the companies announced on Tuesday. The new premier visual ...
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 ...