Stock and editorial image licensing giant Getty Images has announced plans of a $3.7 billion merger with its fierce competitor, Shutterstock, a stock photography company. Craig Peters, the chief ...
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Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...
Getty Images and Shutterstock will merge to create a giant company focused on photos and other visual content in a deal valued at $3.7 billion, the two firms announced on Tuesday. The companies ...
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 ...
NEW YORK (AP) — Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased ...
Previously, she was a writer and editor at MUO. Getty Images and Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will ...
In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock ...