In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share ...
Getty Images shareholders will own about 54.7% of the combined company at closing and Shutterstock stockholders will own approximately 45.3%.
Getty Images and Shutterstock are teaming up in what Getty called a merger of equals. The combination will create a company with an enterprise value of $3.7 billion.
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
Tuesday after the company said it plans to merge with rival stock photography service Shuttershock. Shares of the visual ...
Shares of Getty Images Holdings, Inc. ($GETY) and its New York-based rival Shutterstock, Inc. ($SSTK) surged in Tuesday’s pre ...
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.
The combined company will keep the Getty Images name and will continue to trade on the New York Stock Exchange under the ...
Shutterstock, creating a $3.7 billion stock image giant. While the deal is expected to bolster the companies' position in the ...
Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion stock image powerhouse in a deal ...