The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

They provide editorial photographs and stock images used for content creation. Getty is offering to pay about $28.85 in cash, or about 14 shares of Getty Images shares, for each Shutterstock share.

Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...

Getty’s acquisition of Shutterstock could influence the future of creative assets. Learn its impact on SEO, content visibility and more.

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 ...

Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform that fuels impactful storytelling for brands and business ...

(Reuters) -Getty Images said on Tuesday it will merge with rival Shutterstock to create a $3.7 billion ... Getty competes with Reuters and the Associated Press in providing photos and videos for ...

Getty Images on Tuesday said it has agreed to merge with its rival Shutterstock in a cash-and ... Both companies offer stock photos and video footage that can be licensed and reused.

In a report released today, Matthew Cost from Morgan Stanley maintained a Hold rating on Shutterstock (SSTK – Research Report), with a price ...