BRIEF-Getty Images And Shutterstock To Merge In Deal Valued At $3.7 Bln

Reuters

07 Jan

BRIEF-Getty Images And Shutterstock To Merge In Deal Valued At $3.7 Bln

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"

Source text: [ID:]

Further company coverage: SSTK.N

((Reuters.Briefs@thomsonreuters.com;))

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CO STOCKHOLDERS TO OWN ABOUT 45.3% OF COMBINED CO ON FULLY DILUTED BASIS</p></li><li><p>SHUTTERSTOCK: SHUTTERSTOCK STOCKHOLDERS AT DEAL CLOSE CAN ELECT TO RECEIVE $28.84870/SHARE IN CASH FOR EACH SHARE OF SHUTTERSTOCK OWNED</p></li><li><p>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</p></li><li><p>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</p></li><li><p>SHUTTERSTOCK: AGGREGATE CONSIDERATION PAYABLE BY GETTY IMAGES WOULD CONSIST OF $331 MILLION IN CASH AND 319.4 MILLION SHARES OF GETTY IMAGES STOCK</p></li><li><p>SHUTTERSTOCK:  COMBINED CO WILL BE NAMED GETTY IMAGES HOLDINGS, INC, WILL CONTINUE TO TRADE ON NYSE UNDER \"GETY\"</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>SSTK.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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CO STOCKHOLDERS TO OWN ABOUT 45.3% OF COMBINED CO ON FULLY DILUTED BASIS</p></li><li><p>SHUTTERSTOCK: SHUTTERSTOCK STOCKHOLDERS AT DEAL CLOSE CAN ELECT TO RECEIVE $28.84870/SHARE IN CASH FOR EACH SHARE OF SHUTTERSTOCK OWNED</p></li><li><p>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</p></li><li><p>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</p></li><li><p>SHUTTERSTOCK: AGGREGATE CONSIDERATION PAYABLE BY GETTY IMAGES WOULD CONSIST OF $331 MILLION IN CASH AND 319.4 MILLION SHARES OF GETTY IMAGES STOCK</p></li><li><p>SHUTTERSTOCK:  COMBINED CO WILL BE NAMED GETTY IMAGES HOLDINGS, INC, WILL CONTINUE TO TRADE ON NYSE UNDER \"GETY\"</p></li></ul><p>Source text: [ID:]</p><p>Further company coverage: <span>SSTK.N</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSTK","symbol_name":"Shutterstock Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250107:nL8N3O30PU:1","article_id":"2501727652","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501727652","pubTimestamp":1736249967,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Getty Images And Shutterstock To Merge In Deal Valued At $3.7 BlnJan 7 (Reuters) - Shutterstock SSTK.N: SHUTTERSTOCK INC: COMBINED CO WOULD HAVE ENTERPRISE VALUE OF ABOUT $3.7 BILLIONGETTY IMAGE","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSTK":"Shutterstock Inc","BK4077":"互动媒体与服务","BK4122":"互联网与直销零售","GETY":"Getty Images Holdings, Inc"},"translate_title":"简介—Getty Images和Shutterstock将合并，交易价值37亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GETY":0.9,"SSTK":0.9},"content_text":"BRIEF-Getty Images And Shutterstock To Merge In Deal Valued At $3.7 BlnJan 7 (Reuters) - Shutterstock SSTK.N: SHUTTERSTOCK INC: COMBINED CO WOULD HAVE ENTERPRISE VALUE OF ABOUT $3.7 BILLIONGETTY IMAGES AND SHUTTERSTOCK TO MERGE, CREATING A PREMIER VISUAL CONTENT COMPANYSHUTTERSTOCK INC: COMBINED COMPANY WOULD HAVE AN ENTERPRISE VALUE OF APPROXIMATELY $3.7 BILLIONSHUTTERSTOCK INC: PROPOSED DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW BEGINNING IN YEAR TWOSHUTTERSTOCK INC: DEAL EXPECTED TO BE ACCRETIVE TO EARNINGS AND CASH FLOW BEGINNING IN YEAR TWOSHUTTERSTOCK: AT CLOSE, GETTY IMAGES STOCKHOLDERS WILL OWN ABOUT 54.7% & CO STOCKHOLDERS TO OWN ABOUT 45.3% OF COMBINED CO ON FULLY DILUTED BASISSHUTTERSTOCK: SHUTTERSTOCK STOCKHOLDERS AT DEAL CLOSE CAN ELECT TO RECEIVE $28.84870/SHARE IN CASH FOR EACH SHARE OF SHUTTERSTOCK OWNEDSHUTTERSTOCK: CO'S STOCKHOLDERS AT DEAL CLOSE CAN GET 13.67237 SHARES OF GETTY IMAGES COMMON STOCK FOR EACH SHARE OF SHUTTERSTOCK COMMON STOCK OWNEDSHUTTERSTOCK: 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 SHARESHUTTERSTOCK: AGGREGATE CONSIDERATION PAYABLE BY GETTY IMAGES WOULD CONSIST OF $331 MILLION IN CASH AND 319.4 MILLION SHARES OF GETTY IMAGES STOCKSHUTTERSTOCK:  COMBINED CO WILL BE NAMED GETTY IMAGES HOLDINGS, INC, WILL CONTINUE TO TRADE ON NYSE UNDER \"GETY\"Source text: [ID:]Further company coverage: SSTK.N ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}