M&A
confidence high
sentiment negative
materiality 0.85
Getty Images terminates merger with Shutterstock; to redeem 10.5% senior secured notes
Getty Images Holdings, Inc.
- Board unanimously resolved not to proceed with sale of Shutterstock's editorial business required by UK CMA, and will terminate merger after July 6, 2026.
- Following termination, Getty Images' 10.500% senior secured notes due 2030 will be redeemed via special mandatory redemption.
- Board intends to retain financial advisor to evaluate strategic financing alternatives.
- Merger agreement originally entered Jan 6, 2025; CMA conditioned clearance on sale of Shutterstock's editorial business.
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