Lenders to Getty Images Holdings Inc. have started to organize after the debt-laden photo archive business scrapped a planned merger with Shutterstock Inc., according to people familiar with the matter.
Lenders to Getty Images Holdings Inc. have started to organize after the debt-laden photo archive business scrapped a planned merger with Shutterstock Inc., according to people familiar with the matter.
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.
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.
The Shutterstock Inc. logo on a laptop computer arranged in Hastings-on-Hudson, New York, US, on Friday, Jan. 3, 2025. Getty Images Holdings Inc. is exploring a merger with rival Shutterstock Inc., according to people familiar with the matter.
The UK, which is scrutinizing Getty Images Holdings Inc deal with Shutterstock Inc. to create a $3.7 billion firm, proposed that Shutterstock sell its entire editorial business to get approval for the acquisition.
The UK, which is scrutinizing Getty Images Holdings Inc deal with Shutterstock Inc. to create a $3.7 billion firm, proposed that Shutterstock sell its entire editorial business to get approval for the acquisition.
The Shutterstock website Photographer: Tiffany Hagler-Geard/Bloomberg