Cleared by the US, derailed by the UK: Getty’s Shutterstock merger falls apart
AI disclosure
Summary
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. In an SEC filing published on Tuesday […]