The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.
Getty Images and Shutterstock announced that the companies will merge and create a $3.7 billion 'premier visual content company.' ...
Shares of the visual content marketplace were up 33% to $3.43 after announced that it had entered into a definitive merger agreement worth $3.7 billion. The resulting company will be named ...