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Getty Images and Shutterstock are joining forces in a merger valued at around $3.7 billion, the companies announced on Tuesday. The merger will allow the companies to expand their stock photo ...
Under the deal, Shutterstock shareholders can opt to receive either $28.80 per share in cash, or 13.67 shares of Getty Images, or a combination of 9.17 shares of Getty and $9.50 in cash for each ...
Getty "provides wire service photography and video to news outlets and businesses globally," while Shutterstock "touts a stock image library of 450 million photos," said The Hollywood Reporter.
Getty Images, Shutterstock agree to merge in $3.7 billion deal. Here's what to know. The combined company will be named Getty Images Holdings, Inc. and trade on the New York Stock Exchange under ...