Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger ...
Getty Images CEO Craig Peters will oversee the company formed following Getty's mergers with Shutterstock. (Getty Images ...
Getty Images and Shutterstock will merge into one company valued at $3.7 billion in a deal that aims to take on competition ...
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 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.
Shares of both companies surged on the news, with Shutterstock advancing 19% to $35.80 and Getty rising 25% to $3.22, on track for its biggest percentage increase in nearly two years. Getty was ...