Getty Images terminates merger agreement with Shutterstock
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Getty Images Holdings, Inc. (NYSE: GETY) officially terminated its merger agreement with Shutterstock, Inc. on July 7, 2026, according to a company statement.
Getty Images delivered written notice to Shutterstock ending the Agreement and Plan of Merger, which had originally been entered into on January 6, 2025. The termination took effect upon delivery of the notice.
The Getty Images board of directors had unanimously voted on June 30, 2026, not to proceed with the sale of Shutterstock's editorial business, a condition required by the U.K. Competition and Markets Authority (CMA) for regulatory clearance. The board determined that accepting this condition was not required under the terms of the merger agreement.
The board also resolved to terminate the merger agreement following the passage of what the agreement defined as the Second Extended End Date, which occurred on July 6, 2026.
Following the termination, Getty Images stated that its outstanding 10.500% senior secured notes due 2030 will be redeemed in accordance with the terms of the governing indenture.
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