Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.'
Getty Images Merges with Shutterstock for Major Synergies
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Getty Images And Shutterstock Merge To Create $3.7B Visual Content Giant
In a transformative move that's set to reshape the stock media industry, (NYSE: GETY) and Shutterstock (NYSE: SSTK) announced a merger of equals, creating a combined enterprise valued at approximately $3.
Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock-image powerhouse geared for the artificial intelligence era, in a deal likely to draw antitrust scrutiny.
One Stock Image to Rule Them All? Getty Images and Shutterstock Are Merging
The companies claim the merged company will 'be well-positioned to meet the evolving needs of creative, media, and advertising industries.' Will the new Trump admin let it fly?
Strategic Merger between Shutterstock and Getty Images Drives Buy Recommendation Amid Competitive Pressures
Analyst Youssef Squali of Truist Financial maintained a Buy rating on Shutterstock (SSTK – Research Report), retaining the price target of
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