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 ...
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
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 ...
Merged company will be well-positioned to meet the evolving needs of creative, media, and advertising industries through combined investment in ...
Under the deal, Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty Images ...
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 ...
Apple (AAPL) shares are under pressure following a downgrade to Sell from MoffettNathanson ... for the electric vehicle maker. Getty Images (GETY) and Shutterstock (SSTK) announce plans to merge.
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 ...
Shutterstock shareholders can opt to receive ... Regulators will examine how the deal impacts the old-school business model of selling images to legacy media customers, as well as the new business ...
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