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 ...
Getty Images Holdings and Shutterstock have agreed to merge into one visual-content company with an enterprise value of about ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
Getty Images closed up 13% to $2.39 in New York trading Friday, giving the company a market value of $983 million.
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company NEW YORK -- Visual content companies Shutterstock and Getty Images will join to ...
Under the deal, Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty Images ...
The risk for Getty Images and Shutterstock is that many of these creatives have other large platforms where they can commercialize their work, even if it means selling a cool photo on a T-shirt on ...
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 ...
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 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 ...