Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...
Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company ...
NEW YORK (AP) — 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 ...
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
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.
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 and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.
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 ...