Jan 7 (Reuters) - Shutterstock SSTK.N:
SHUTTERSTOCK INC: COMBINED CO WOULD HAVE ENTERPRISE VALUE OF ABOUT $3.7 BILLION
GETTY IMAGES AND SHUTTERSTOCK TO MERGE, CREATING A PREMIER VISUAL CONTENT COMPANY
SHUTTERSTOCK INC: COMBINED COMPANY WOULD HAVE AN ENTERPRISE VALUE OF APPROXIMATELY $3.7 BILLION
SHUTTERSTOCK INC: PROPOSED DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW BEGINNING IN YEAR TWO
SHUTTERSTOCK INC: DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW BEGINNING IN YEAR TWO
SHUTTERSTOCK: AT CLOSE, GETTY IMAGES STOCKHOLDERS WILL OWN ABOUT 54.7% & CO STOCKHOLDERS TO OWN ABOUT 45.3% OF COMBINED CO ON FULLY DILUTED BASIS
SHUTTERSTOCK: SHUTTERSTOCK STOCKHOLDERS AT DEAL CLOSE CAN ELECT TO RECEIVE $28.84870/SHARE IN CASH FOR EACH SHARE OF SHUTTERSTOCK OWNED
SHUTTERSTOCK: CO'S STOCKHOLDERS AT DEAL CLOSE CAN GET 13.67237 SHARES OF GETTY IMAGES COMMON STOCK FOR EACH SHARE OF SHUTTERSTOCK COMMON STOCK OWNED
SHUTTERSTOCK: UNDER DEAL, STOCKHOLDERS MAY ELECT TO GET MIXED CONSIDERATION OF 9.17 SHARES OF GETTY IMAGES STOCK PLUS $9.50 IN CASH PER CO'S SHARE
SHUTTERSTOCK: AGGREGATE CONSIDERATION PAYABLE BY GETTY IMAGES WOULD CONSIST OF $331 MILLION IN CASH AND 319.4 MILLION SHARES OF GETTY IMAGES STOCK
SHUTTERSTOCK: COMBINED CO WILL BE NAMED GETTY IMAGES HOLDINGS, INC, WILL CONTINUE TO TRADE ON NYSE UNDER "GETY"
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Further company coverage: SSTK.N
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