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 Holdings and Shutterstock have agreed to merge into one visual-content company with an enterprise value of about $3.7 billion. Shares of both companies jumped on the announcement.
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 and Shutterstock are merging to counter declining fortunes in a maturing stock photography industry and face significant threats from generative AI and free platforms. The merger aims to ...
Image: Getty Images, Shutterstock Getty Images and Shutterstock are to join in what's being presented as a merger of equals.
The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader ...
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 ...
Getty Images GETY5.74%increase; green up pointing triangle Holdings and stock-photo rival Shutterstock SSTK 3.18%increase; green up pointing triangle are merging to form a company worth about $3.7 ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content ...
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 ...