Press Release:
Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company
Merged company will be well‑positioned to meet the evolving needs of creative, media, and advertising industries through combined investment in content creation, event coverage, and product and technology innovation
Expected annual cost synergies between $150 million and $200 million by year three
Expected to be accretive to earnings and cash flow beginning in year two
Companies will hold conference call to discuss the transaction with investment community today at 8.30a.m....
(read more)
GettyImages and Shutterstock to merge, creating stock powerhouse
Posted by allison8 111 days ago (https://www.imaging-resource.com)
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