Why Getty Just Abandoned Its $3.7 Billion Merger With Shutterstock
Getty Images has killed its $3.7 billion merger with Shutterstock, refusing a condition set by UK regulators that would have forced Shutterstock to sell off its entire editorial photography business. The deal had already cleared US antitrust review with no strings attached, which makes the UK objection the single reason two of the biggest names in stock photography will stay separate.