By WSJ Staff
Shares in Getty Images and Shutterstock surged after the image companies agreed to merge, creating a group worth about $3.7 billion including debt.
-- Getty stock stood about 49% higher in recent premarket trading.
-- Shutterstock rose nearly 28%.
-- Getty shareholders will own nearly 55% of the combined company, which will retain the Getty name.
-- Shutterstock investors can choose to receive cash, Getty stock, or a mixture of the two.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
January 07, 2025 08:29 ET (13:29 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。