Getty Images (GETY) is exploring a merger with Shutterstock (SSTK), Ryan Gould, Michelle Davis, Josh Sisco and Liana Baker of Bloomberg report, citing people familiar with the matter. Getty has been weighing how to structure a combination and deliberations are ongoing, sourced told Bloomberg. Getty Images has a market value of about $910M, while Shutterstock’s equity is valued at about $1B, Bloomberg points out. Shares of Getty are up 23% to $2.59 following the report while Shutterstock is up 12% to $32.71.
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