Shutterstock, Getty Images Stocks Soar on Merger News [Yahoo! Finance]
Getty Images Holdings, Inc. (GETY)
Company Research
Source: Yahoo! Finance
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, media, and ad industries. The agreement calls for Shutterstock shareholders to have the option to receive cash, Getty Images stock, or a combination of both. Shares of Getty Images Holdings ( GETY ) and Shutterstock ( SSTK ) soared well over 20% apiece Tuesday when the two providers of stock images and videos announced they would be combining to "meet the evolving needs of creative, media, and advertising industries." Getty said the deal was a merger of equals, creating a company with an enterprise value of $3.7 billion. It will
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GETY
News
- Getty Images Holdings, Inc. (NYSE: GETY) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $6.00 price target on the stock.MarketBeat
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates GETY, CLBR, VINC, NEUE on Behalf of ShareholdersGlobeNewswire
- Kuehn Law Encourages VINC, NEUE, GETY, and CLBR Investors to Contact Law FirmGlobeNewswire
- Getty Images Holdings, Inc. (NYSE: GETY) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $3.75 price target on the stock.MarketBeat
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates GETY, NARI, SSY on Behalf of ShareholdersGlobeNewswire
GETY
Earnings
- 11/7/24 - Miss
GETY
Sec Filings
- 1/17/25 - Form 425
- 1/14/25 - Form 425
- 1/14/25 - Form 425
- GETY's page on the SEC website