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Getty Images Holdings ( (GETY) ) has issued an announcement.
Getty Images Holdings, Inc. has announced a strategic merger with Shutterstock, Inc., aiming to create a premier visual content company. This merger is expected to enhance their combined market presence, offering increased benefits and synergies for stakeholders, although it is subject to regulatory and stockholder approvals, and carries potential risks and uncertainties during integration.
More about Getty Images Holdings
Getty Images Holdings, Inc. operates in the visual content industry, providing a vast array of stock images, editorial photography, video, and music for business and personal use. The company is focused on enhancing its market position through strategic mergers and partnerships, catering to a diverse set of customers including media, corporate, and individual creators.
YTD Price Performance: 21.80%
Average Trading Volume: 603,949
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.06B
See more data about GETY stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
