Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart
AI Summary
Getty says it’s “not required” to accept approval conditions that would force Shutterstock to offload its editorial business. | Image: The Verge Getty is planning to axe its $3.7 billion merger agreement with Shutterstock after a UK regulator imposed restrictions that would prevent part of Shutterstock's business from being included in the deal. The move comes despite the US Department of Justice granting the deal " unconditional antitrust clearance " in February.
Discussion
Sign in to join the discussion.
Loading comments…