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Getty Images, Shutterstock
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.'
Shutterstock, Getty Images Stocks Soar on Merger News
Key Takeaways Getty Images and Shutterstock are teaming up in what Getty called a merger of equals.The deal between the two providers of stock images and video is designed to meet the changing needs of the creative,
Getty Images announces merger with rival content firm Shutterstock
Alternatively, Shutterstock shareholders can choose to receive a mix of cash and Getty shares. shareholders will own about 54.7% of the combined company at closing an
DPReview on MSN
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Getty Images buys rival Shutterstock to create "Premier Visual Content Company"
The deal, presented as a merger of equals, will create a company worth $3.7Bn with annual revenue of around $2Bn.
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on MSN
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 competition from images generated by ...
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