Shutterstock CEO Paul Hennessy said the merger with Getty Images provides an opportunity to "meet diverse customer needs.” ...

Getty Images Holdings and Shutterstock have agreed to merge into one visual-content company with an enterprise value of about $3.7 billion. Shares of both companies jumped on the announcement.

Getty Images is buying Shutterstock to create a $3.7 billion visual content company. The merger comes at a time when companies that use still images are facing increased competition from images ...

Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...

News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.

In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share price, that works out to a valuation of about $1.35 billion on Shutterstock ...

Getty and Shutterstock merge to combat industry decline, but there are hurdles that the combined company will need to clear.

Getty Images and Shutterstock merge, forming a top visual content company, which would have an enterprise value of $3.7 billion. Combined company to achieve $150M–$200M cost synergies ...

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The companies said Tuesday that they have complementary portfolios and that a merger will provide customers with a broader array still imagery, video, music, 3D and other media ...

Getty Images and Shutterstock are joining forces, agreeing to a $3.7 billion merger to create a visual content company. The companies announced the merger on Tuesday and said it will be named ...