Getty Images shares climb over 50% on confirmed Shutterstock merger

Jan. 07, 2025 6:21 AM ETShutterstock, Inc. (SSTK) Stock, GETY StockBy: Arundhati Sarkar, SA News Editor
Private Equity Firm Acquires Getty Images For $2.4 Billion

Robert Giroux/Getty Images News

Shares of Getty Images (NYSE:GETY) jumped +50% in premarket trading on Tuesday following a deal to merge with rival Shutterstock (NYSE:SSTK).

The merger creates a premier visual content company, named Getty Images Holdings, with an enterprise value of ~$3.7B. At close, Getty Images stockholders will own around 54.7% and

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