Getty Images And Shutterstock Merge To Create $3.7B Visual Content Giant
Under the terms of the agreement, the combined company will retain the Getty Images name and continue trading under the NYSE ticker symbol "GETY." Craig Peters, current CEO of Getty Images, will lead the merged entity, while Shutterstock's CEO Paul Hennessy will join the eleven-member Board of Directors.
Getty Images, Shutterstock Surge On Confirmation Of $3.7B Merger: Retail Applauds The Move
Shares of Getty Images Holdings, Inc. ($GETY) and its New York-based rival Shutterstock, Inc. ($SSTK) surged in Tuesday’s pre-market trading after the creative and editorial visual content solutions providers confirmed rumors of a potential combination.
Truist sees Shutterstock-Getty merger as a positive for combined entity
Truist reiterated a Buy rating on Shutterstock (SSTK) after the announced merger with Getty Images (GETY). The firm believes the merger, once
Getty Images shares climb over 50% on confirmed Shutterstock merger
Getty Images (GETY) and Shutterstock (SSTK) to merge in a $3.7 billion deal, creating a visual content powerhouse with enhanced product offerings
Getty Images and Shutterstock Agree To Merge To Dominate Visual Content, Shares Jump
Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock, Inc. (NYSE:SSTK) shares are trading higher premarket on Tuesday after the companies entered a deal to create a visual content company in a merger of equals.
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
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 and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.
Getty Stock Loses Shutterstock Merger Pop
Shares of Holdings dropped close to an all-time low, shedding gains made Tuesday after the company announced its merger with Shutterstock. The visual content company's stock was down more than 16% at $2.
Getty Images Merges with Shutterstock for Major Synergies
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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.
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Shutterstock and Getty: A $3.7 Billion Visual Content Giant
Visual content developers and entertainment and media investors were elated when Shutterstock (NYSE: SSTK) and Getty Images (NYSE: GETY) announced that they were merging. This $3.7 billion deal will ...
Why Shutterstock (SSTK) Stock Is Trading Up Today
Shares of stock photography and footage provider Shutterstock (NYSE:SSTK) jumped 39.8% in the pre-market session after the ...
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The Merger That’s Powering Shutterstock’s (SSTK) 2025 Outlook—And Stock Price
The leadership of both companies brings a wealth of expertise and vision for the future. Following the merger, Craig Peters, CEO of Getty Images, will take the helm as CEO of the combined company, ...
What's Happening With Adobe Stock?
This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
Stock Of The Day: Getty Images — An Image Of Market Technicals
Getty Images shows an important market dynamic. Even when there is major news moving a stock, technicals can still affect the ...
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Shutterstock Inc (SSTK) Stock Rating Resumed by Morgan Stanley
Morgan Stanley has recently resumed Shutterstock Inc (SSTK) stock rating, as announced on February 22, 2024, according to Finviz. Earlier, on October 19, 2023, BofA Securities had resumed the stock to ...
Shutterstock names Matt Furlong as Chief Marketplace Officer
Shutterstock (SSTK) announced that Matt Furlong will be joining Shutterstock to lead the company’s Marketplace division as Chief Marketplace ...
Shutterstock (SSTK) Shares Skyrocket, What You Need To Know
Shares of stock photography and footage provider Shutterstock (NYSE:SSTK) jumped 9.3% in the afternoon session after ...