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Why Shutterstock (SSTK) Shares Are Plunging Today

What Happened? Shares of stock photography and footage provider Shutterstock NYSE:SSTK fell 24.9% in the afternoon session after the company suspended its quarterly dividend and announced its Chief Accounting Officer will resign.Shutterstock's Board of Directors resolved to suspend future quarterly…

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Shutterstock Announces Leadership Transition

Paul Hennessy to Step Down as Chief Executive Officer and Board Member; Rik Powell Appointed as Interim CEONEW YORK, July 13, 2026 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a family of brands delivering scalable creative and GenAI solutions to help customers fuel great work, t…

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Getty Images Calls Off Shutterstock Deal After U.K. Hurdle — Update

By Connor HartGetty Images has officially called off its merger with Shutterstock, about a week after the deal was dealt a blow by a U.K. regulator.Getty on Tuesday delivered a written notice to Shutterstock terminating their planned tie-up, which was first announced in January 2025 and received cl…

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Getty Bond Jumps 14 Cents as Shutterstock Deal Ends

Getty Images NYSE:GETY saw its merger-linked bond rebound after the company moved to terminate its planned acquisition of Shutterstock NYSE:SSTK. The 10.5% senior secured notes due in 2030, which were originally issued to help fund the deal, jumped 14 cents on the dollar to about 98 cents after Get…

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Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** CMA CGM has agreed to acquire FedEx's <FDX.N> third-party logistics business for an enterprise value of $1.4 billion, the French shipping group said, as it expands its presence in the logistics sector…

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Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:** Australia's Perpetual ASX:PPT said it had rejected a non-binding takeover proposal from Swedish private equity firm EQT AB OMXSTO:EQT that values the financial services provider at A$2.45 billion ($1.6…

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Getty Images Plans to End Shutterstock Deal After U.K. Imposes Conditions

By Elias SchisgallGetty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.Getty said Tuesday that the U.K. Competition and Markets Authority conditioned its clearanc…

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Getty Images Plans to End Shutterstock Deal After U.K. Imposes Conditions

By Elias SchisgallGetty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.Getty said Tuesday that the U.K. Competition and Markets Authority conditioned its clearanc…

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Getty Images scraps Shutterstock merger

Getty Images NYSE:GETY said on Tuesday it has called off its planned merger with Shutterstock NYSE:SSTK after the UK's competition watchdog insisted on the sale of Shutterstock's editorial business as a condition for approval.

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