BUZZ-Getty Images shares jump as co to merge with rival Shutterstock

Reuters

2025/01/07

** Shares of Getty Images GETY.N soar ~55% to $3.98 premarket

** Getty Images said it will merge with rival Shutterstock SSTK.N to create a $3.7 billion entity

** The combined company will be named Getty Images Holdings, Inc and will continue to trade on the NYSE under the ticker symbol "GETY"

** GETY shares were down 59% in 2024

(Reporting by Jaiveer Singh Shekhawat in Bengaluru)

((JaiveerSingh.Shekhawat@thomsonreuters.com;))

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