Getty Images and Shutterstock are merging in a deal that looks a lot like an acquisition of Shutterstock by Getty Images. Whatever they call it, investors like the news and both stocks are flying ...
Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc. in a deal that would create a combined company worth about $3.7 billion including debt. Getty Images offers to ...
“Getty Images is the bigger company of the two, and its shareholders will own approximately 54.7% of the new entity, while Shutterstock shareholders will own 45.3%. Getty Images also owns the iStock ...
For the transaction, Getty will also give 319.4 million of its own shares Getty Images’ bring immense library of photos Shutterstock brings a huge searchable platform for images ...
“With the rapid rise in demand for compelling visual content across industries, there has never been a better time for our two businesses to come together," Getty Images CEO Craig Peters said in ...
Getty Images and Shutterstock are to join in what's being presented as a merger of equals. The new company will be called Getty Images Holdings Inc and the deal will see Getty Image's CEO retain his ...