Getty deal is picture-perfect M&A for 2025
07/01/2025 17:49
(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)
By Robert Cyran
NEW YORK, Jan 7 (Reuters Breakingviews) - The stock
image company is merging with rival Shutterstock. With aging
tech firms in need of cleaning up, AI threats rising and
trustbusters perhaps muzzled, the scene is set for dealmaking.
Add savings worth $865 mln to the buyer and this is an ideal
snapshot of how it may look.
Full view will be published shortly.
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CONTEXT NEWS
Getty Images said on Jan. 7 that it had agreed to acquire
rival stock image company Shutterstock. The target’s
shareholders can opt for cash, stock or both, but Getty will pay
aggregate consideration of $9.50 and 9.17 shares of its own
stock for each share of Shutterstock. Upon closing of the deal,
Getty shareholders will own approximately 54.7% of all shares.
(Editing by Jonathan Guilford and Pranav Kiran)
((For previous columns by the author, Reuters customers can
click on CYRAN/
robert.cyran@thomsonreuters.com))