Shutterstock, Getty Images Stocks Soar on Merger News
Key TakeawaysGetty Images and Shutterstock are teaming up in what Getty called a merger of equals.The deal between the two providers of stock images and video is designed to meet the changing needs of the creative, media, and ad industries.The agreement calls for Shutterstock shareholders to have the option to receive cash, Getty Images stock, or a combination of both. Shares of Getty Images Holdings (GETY) and Shutterstock (SSTK) soared well over 20% apiece Tuesday when the two providers of stock images an ...