2 of the largest stock photo platforms are merging, sending their shares up
The combined company, which will be called Getty Images, will be worth $3.7 billion, Getty said on Tuesday.
Getty Images Plans $3.7B Merger With Rival Shutterstock
The giant commercial photo and video providers are grappling with the emergence of artificial intelligence tools that have ...
Getty Images buying Shutterstock to create a $3.7 billion visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
Seattle’s Getty Images will buy Shutterstock, creating company worth $3.7B
Seattle’s Getty Images is acquiring Shutterstock to create a business worth approximately $3.7 billion, the companies ...
Getty Images, Shutterstock to Merge Into $3.7B Visual-Content Company -- Update
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 ...
Getty Images, Shutterstock Gear up for AI Challenge With $3.7 Billion Merger
Under the deal, Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty Images ...