By Jaspreet Singh June 30 (Reuters) - Getty Images said on Tuesday it has called off its planned merger with Shutterstock due to the UK competition regulator's requirement to sell Shutterstock's ...
Getty Images has moved to terminate a $3.7 billion merger with rival Shutterstock due to restrictions imposed by UK regulators.
Getty Images officially called off its merger with Shutterstock, about a week after the deal was dealt a blow by a U.K. regulator.
Shutterstock (SSTK) shares crumbled on July 1 after the NYSE-listed company confirmed its highly anticipated merger with Getty Images (GETY) had collapsed. Investors aggressively dumped SSTK after ...
The companies first announced the deal in January 2025, calling the transaction a merger of equals that would see ...
The photo giant chalks up the scuttling of the deal to a U.K. regulator requiring a divestiture of its rival's editorial business, a non-starter for the company.
Shutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections.
Getty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.
Shares of Shutterstock Inc. plunged about 30% in after-hours trading after Getty Images Holdings Inc. said it would cancel a planned merger due to a ruling from UK regulators.
Shutterstock, Inc. announced that Paul Hennessy stepped down as Chief Executive Officer and from the Board on July 13, 2026, ...